Him buying bitcoin now doesn't mean he will be hodling forever. At any point he might decide to dump his coins on us. And its his right to do so.
I see that possibility as pretty close to 0. I am more concerned that as it is diluting its voting power by issuing more shares to buy bitcoin, and already has less than 50%, in the future a decision could be made to sell by the majority of shareholders. But for the foreseeable future that possibility is also nil. No one invests in MSTR to screw up what is the key to its success.
There is no way MS will be selling Bitcoin. He sees what the future holds and what Bitcoin offers
in terms of wealth preservation. He knows its only a matter of time before this becomes common
knowledge to those who will want it, he is getting in early.
Him buying bitcoin now doesn't mean he will be hodling forever. At any point he might decide to dump his coins on us. And its his right to do so.
I see that possibility as pretty close to 0. I am more concerned that as it is diluting its voting power by issuing more shares to buy bitcoin, and already has less than 50%, in the future a decision could be made to sell by the majority of shareholders. But for the foreseeable future that possibility is also nil. No one invests in MSTR to screw up what is the key to its success.
Tbh I wouldnt touch that stock with a ten ft pole even if it owned all the bitcoins in existence. I dont understand why its investors buy this crap instead of buying btc directly too.
because its outperforming Bitcoin!
Not by no-coiners or people who missed buying the dip, but actual HODLers like us.
Even though Michael Saylor is buying as much bitcoin as he can, some people don't seem to like him at all, and it shows for example on Telegram channels and sometimes X/Twitter.
Hmm seems off to me maybe youre seeing some misinformation? Saylor is hailed by most Bitcoiners Ive found and he even appears on some popular trading cards that are crypto themed or course as a complete bad ass. Saylor is perhaps one of the largest Bitcoin bulls there is.
I guess it is still 50/50, for us Bitcoin enthusiast, we see him as one of the most popular personalities that we have in recent years, after let's say John McAfee (RIP), although John has a total different aura and personality that Michael Saylor himself.
On the contrary, those who hate or vilified by some Bitcoiners might be because he is buying everything and we are left with some dust amount that we have to divide ourselves, making it very difficult to buy Bitcoin specially at the rate of the current price as it could still go up next year 2025. But in overall, Michael Saylor has made a good decision to make a U-turn and be a Bitcoin maximalist.
I think thats part of the reason some people hate MS, the fact that they possibly see him
as pushing the price of Bitcoin up and out of reach of the majorities reach.
Also there could possibly be a thinking that Bitcoin is for anti-establishment, anti-banks
thinking people and MS getting involved signals the establishment are following his path
into Bitcoin