How does Adam Back think that launching BSTR with 30,000 BTC will make him to surpass MicroStrategy that have been investing in bitcoin since 2020 and owns about 601,550 BTC currently, it's actually ridiculous honestly. He could have even talk of competing with lesser companies and not MicroStrategy that is buying bitcoin almost every week. Does he know how many years it will take him to acquire 600,000 BTC and by then MicroStrategy must have added more stash to their portfolio. Anyways he should stop making noise and enter the market by buying the 30,000 BTC let's know how serious he is in his quest to surpass MicroStrategy.
It is only conceivable but in reality it is very difficult, Adam Back will never be able to surpass MicroStrategy. Although no one knows when MicroStrategy will sell Bitcoin or how much Bitcoin they plan to hold, so until MicroStrategy sells Bitcoin, Adam Back will never be able to surpass MicroStrategy. Okay, I applaud Adam Back's plan, if they continue to buy Bitcoin and invest in more companies or countries, the price of Bitcoin will easily exceed $1 million in the near future.
Well I think since MicroStrategy bought 600k Bitcoin, maybe it will complete 1 million in the future. If MicroStrategy holds 1 million Bitcoin, we know that Satoshi has more than 1 million Bitcoin. So when MicroStrategy completes 1 million Bitcoin, will it affect the total supply? I think it will affect the total supply. In the near future, the price of Bitcoin will be higher than people imagine.