Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

Do not really care about their discussion of a 1% (wow!) spent on bitcoin.
Vote away...one way or another.

MSF buying Bitcoin would probably be the "ok" for other big businesses to do the same. It could mark the beginning of the run on BTC by institutions ...after which countries will follow.

Nothing is a signal to anyone...Saylor was buying bitcoin for years...and who followed?
A small japanese company plus skittish Tesla?
I know, they are few others, but on a VERY limited basis.

I don't think you can equate Tesla buying Bitcoin to Microsoft buying Bitcoin. Elon has a reputation for doing off the wall things that others don't understand. Microsoft is a pretty well established and reputable company.

At the very least... I don't see how it would be a bad thing for adoption if Microsoft was to buy... even a little bit.

Microsoft is a behemoth. If they start buying Bitcoin, their competitors will be forced to as well. That could include Apple, Google, etc… It would definitely be a positive for Bitcoin. I’m just angry I don’t already own Microsoft stock. I’m going to end up buying it at the absolute peak, but I don’t see how you can’t own it with all the investments they’re making.

If this is going to be Blackrock's playbook where they are a majority shareholder and they try to influence said company to add btc to their balance sheet, one strategy you could take is to buy into those company stocks now. They have a lot of other things going for most of them but might be some icing on the cake to the upside