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    Author Topic: When will Michael Saylor and MicroStrategy sell BTC?  (Read 1511 times)
    Vincom (OP)
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    March 18, 2024, 08:42:20 PM
     #81

    Firstly - that's his business, but maybe he won't sell it so soon. He appears to be waiting a little longer and patiently while stimulating more panic among other small investors who are afraid of failing to get maximum returns at the peak of the bullrun.

    In the end Michael Saylor and MicroStrategy are very likely to sell some of their bitcoin holdings - but what's the point of thinking about that if you have your own investment goals and profit targets. The impact of a big sell is a price dump - but you can decide when to sell regardless of when Michael Saylor and MicroStrategy sell.

    Third - not very, but maybe it's useful. At least bitcoin is more trustworthy because big institutions do it too - that can influence other investors' interest and trust in bitcoin indirectly.
    I am also prepared to receive any new information about the actions of Saylor and MS regarding their BTC reserves. I would be happier if MS continues to issue bonds or stocks to accumulate BTC, but if MS sells BTC, maybe that is part of their business.

    As you said, MS has really become famous for its BTC accumulation strategy, and currently MS is also helping BTC gain more credibility and become an asset worth considering in the asset diversification process of many companies. Whether MS sells BTC in the future or not, Saylor and MS still deserve respect for their contributions to promoting the value of BTC.

    “The root problem with conventional currency is all the trust that's required to make it work.”
    Satoshi Nakamoto
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