Quote from: SuperBitMan on Today at 11:35:11 AM

I see a lot of news about some company or group acquiring a huge amount of Bitcoin and there's no evidence of purchasing that particular account of Bitcoin, some news about Bitcoin purchase we see out there especially on X (Twitter) are false the only once I usually believe is when a see evidence of there purchase.
Some companies or group really want to become popular and they see that if they publish a news that they just purchased a huge amount of Bitcoin people will be talking about it and the news will be carried by a lot of X (Twitter) bloggers or page especially those once that only post about Bitcoin they are usually eager to see a news about bitcoin purchase so they can post it on there page.
Evidence about purchase should always be posted by the company.
The reason why I'm writing this is because i saw a news that a company purchased Bitcoin with this huge amount they mentioned, I quickly checked the company's net worth it was not up to that amount used to purchase Bitcoin.

I keep seeing these posts on X about some company buying up $500M in Bitcoin, but it is mostly smoke and mirrors. What people desire is not facts, but clout, engagement or clicks. I only consider it seriously when there are some on-chain evidence or a company official statement. When they have a net worth so low that they cannot even afford the purchase then you know it is a scam. Skepticism is a must in crypto. Stop believing hype, start counting beans and never believe something before you check. Otherwise you just feed the rumor mill, and believe you are in the know.