Post
Topic
Board Bitcoin Discussion
Re: Microstrategy bought more bitcoin
by
AbuBhakar
on 06/04/2023, 15:17:24 UTC
I think this is a good news as we have this crypto enthusiast organization that continue to buy more bitcoin. Microstrategy bought more bitcoin. Its total holding is now 140000 BTC.

It’s nice to see someone have high confidence on Bitcoin investment through investing the majority of his money on it but we all know that this is an investment and they are the one who will take profit on the top on e the price recovered. This kind of huge holdings will surely erased all the price growth that established slowly overtime due to its ripple effect on every institutional investor. This investors is like a time bomb on Bitcoin because they are dominating the total supply of Bitcoin.

This is just my opinion but what Saylor doing right is vital to give confidence to retail traders to don’t be afraid on Bitcoin investment. I’m sure he will be rewarded big time in the future.