They’ve scooped up 1,955 $BTC for around $217.4M at an average price of $111,196 per coin. That brings their total holdings to a massive 638,460 Bitcoin, cementing their position as the ultimate Bitcoin whale.
Relentless accumulation continues
On the one hand, it is good that in the world of cryptocurrencies there is such a positive source of news about a rich person who really believes in Bitcoin and is constantly accumulating. But from the point of view of the rules of decentralization, this is bad.
A large number of bitcoins continue to be concentrated in one hand. And besides Saylor, there are other accumulators, and I do not like the prospect that they can then begin to negotiate and manipulate.