Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Negotiation
on 28/12/2023, 03:27:39 UTC
MicroStrategy has acquired an additional 14,620 BTC for ~$615.7 million at an average price of $42,110 per #bitcoin. As of 12/26/23,
@MicroStrategy
 now hodls 189,150 $BTC acquired for ~$5.9 billion at an average price of $31,168 per bitcoin.
I fear what would happen to the market when they start selling those BTC, the market may face a huge dump. If I'm not wrong then the MicroStrategy won't be selling their Bitcoin at least for the time when Bitcoin doesn't reaches $1M a Bitcoin.

Obviously he could be lying, and even if not... things could change.  But Mr. Saylor seems to think the only reason for selling anything is to aquire more bitcoin.

This is the point the only reason more coiner  Cheesy, From now on people will be more interested in buying bitcoins.


https://twitter.com/saylor/status/1736736656772722810


Called for real assets.