Bro, why would you believe that they're doing so without them sharing their L1 #bitcoin addresses to confirm their holdings? IMO any company, firm or government who claims to be buying #btc should be obligated to do so. Otherwise they should be presumed to hold at best paper #btc and worse nothing at all and be working to either enrich their fiat selves, or are working for the fiat system they serve to deflect true investment away from the only real Bitcoin there is, self custody.