JUST IN‼️ Michael Saylor’s MicroStrategy just bought another 850 #Bitcoin worth $37.2m https://image.nostr.build/b5edde7fd6f0313595db998df4e509a8450a81bf5291592f520af56c527d3abf.jpg
And all that without raising the price. The sellers must be either:
- trying to manipulate the price down for whatever reasons, or
- massively urgently need loads of cash for some expensive purchases, or
- are obliged to sell to Micro Strategy at a low price, or
- are obliged to sell to ETFs at a low price, and Micro Strategy happened to know about their plans and had stacked all that cash to be able to pick up the crumbs.
- trying to manipulate the price down for whatever reasons, or
- massively urgently need loads of cash for some expensive purchases, or
- are obliged to sell to Micro Strategy at a low price, or
- are obliged to sell to ETFs at a low price, and Micro Strategy happened to know about their plans and had stacked all that cash to be able to pick up the crumbs.