MSTR CEO Michael Saylor has been selling his company shares and constantly buying Bitcoin, mainly to expand his reach. If the majority of Bitcoin comes under private ownership, then the control system of Bitcoin will depend on private ownership, which will allow market manipulation to be controlled at will.
What? Bitcoin is under private ownership since inception, or is the bitcoin you have, assuming you have it, not in private hands?
The company buys bitcoin just as you and I buy bitcoin and hold it; the only difference is that they are a group of people who put their funds together to make a large volume purchase. They own it privately, just as you own your own privately also. The only difference is if a larger sum of the entire circulation is under the control of one entity, it's okay to say that such a body has the power to manipulate price.
On a side note the company Micro Strategy just acquired another 15,355 BTC this morning 28th day of April taking their total holding down to 553,555 Bitcoin.
https://x.com/saylor/status/1916825375155380688?s=46