Several reports say that the companies circulating the public carry more than 800,000 Bitcoin.
75 % of that bitcoin belongs to the strategy ฿. The company has bought most of it in the past eight months, almost completely with the money of others.
(Assuming that its website is accurate.)
These purchases have turned since January. Smaller purchases with each round.
Why slowly slow? What does this say about the indisputable institutional appetite that teachers continue to talk about? How confident that the trend will reflect?
Can they continue to do so?
We know that competing money and companies bought $ 10-20 billion this year. More money and companies have certainly raised money for their purchases exceeding $ 10-20 billion that we know.
How much do they want to buy?
From those who bought, what makes them want to buy much more?
Every day, I hear about some companies that buy two million dollars or 10 million dollars. Here a little, there is a little there, and soon you talk about big money – but this is supposed to be it never Selling any and they have appetite for more.
Silor bought $ 4 billion Since the beginning of last month.
Am I the only one to ask if Michela Silor is the “institutions” that you hear a lot? Can the strategy ฿ exceed the largest part of the attention of old investors? Can we expect to see a gradual decrease in interest over time?
Something funny …
Also note how the Mstr advertisement culminated in all the peaks from the peak.
This raises the question: Have you taken one or a few large entities attitudes based on the behavior of Silor?
We do not know the number of people who held long positions in the immediate markets or through investment funds circulating in the investment funds circulating to hedge the short pants against MSTR or a relevant derivative. This can happen regardless of any Bitcoin price pattern at any time, but the coincidence made me wonder if something else was for him.
With this small size, it will not take much to move the market. This would also explain the difference in Bitcoin movements from the ALTCOIN market movements (side by BTC, down for Altcoins). Nobody of enough size for bitcoin swing will bother her with Altcoins (and may not be able to find enough liquidity anyway).
All this speculation. These activities occur behind closed doors, outside the chain. If things go well for the participants, we will never know what they have done – they will take their money and go to their fun.
But it creates a danger. If there is a lot of financial bets against MSTR and the stock prices move too much, these investors will sell their bitcoin sites, and may link the market.
I discussed this topic and others in a recent publication for the participants in the newsletter, Easy encryption. Go to find out more.
Mark Halmann publishes Easy encryption Newsletter. He is also the author of three books and writer Bitcoin is better Medium and Hacker. Learn more about him in his autobiography and communicate with him in the calendar.
