RE: Michael Saylor’s Dangerous Game: How MSTR’s Strategy Could Crash Bitcoin
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Are the other companies that are buying in doing it the same way? I bet they would gobble up the dip if something were to happen.
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As far as I know, he's the only one buying it this way. That is why MSTR has been able to buy so much BTC so quickly. They own like 1% of the total supply at this point. Other companies are being much more conservative with their buying, doing so in a way that won't bankrupt their company if BTC goes down too much.
Interesting! Hopefully things don't go too upside-down.