I've seen to many people on this forum during the past years asking for/awaiting for institutional investors... it has to be good now, isn't it?
Well...

First of all, I'll consider it done only when it's done and it has all the stamps. For now it still needs governor's, right?

Then, you people should have been already noticing that no matter what huge amounts the institutions are buying, the market doesn't go sky high.
I feel like these guys are way too good market manipulators and I also feel like they don't really buy as much as they claim. It stands for MSTR, it stands for Texas, it'll stand for the other states.

Third: as Texas being part of USA, my latest disappointment on the federal bitcoin/shitcoin reserve makes me think whether this will be indeed a bitcoin reserve or a reserve made of Bitcoin IOUs, stablecoins and other shitcoins.

And last: since this is political, it also looks like a FOMO. And we know how FOMO ends later on, right? When the price goes lower than a psychological level (and it's not about if, it's really about when) I expect these guys don't have the strong hands Saylor has and they'll chicken out exactly when you guys will also be fearful about the price.
So yeah: buy high, sell low, get disappointed of Bitcoin, go for "better alternatives". Does it ring any bell?


All in all, I feel it's not as good news as it looks at the first glance. Of course, I would not say it's a bad news either