I don't mean to share this with the hope of scaring people especially the beginners amongst us, after talking to few of them beginners recently I find out that they don't even know this facts.
Microstrategy, Big companies around the world especially in the US that are investing heavily in Bitcoin have experts working for them.
1. These experts knows the market, they understand Bitcoin movement and Bitcoin cycle, they know when to buy big amount to make an impact in Bitcoin present price action, also when to take profits slowly.
2. These big investors are not buying just so that Bitcoin price can keep surging, they are not buying so that the people in the world like you and I can become millionaires, they are here to make gains as well.
If you don't know, now you know, the newbies i engaged words with don't have a clue that this is it, they respond as if Microstrategy and Blackrock are helping the people, or let's say the world, it made the some beginners to relax.
How did we got here in the first place? Well the discussion started with profit taking from Bitcoin. You get it? They are sitting on their hands thinking that Microstrategy and others will never stop buying and buying every time, as if theses companies are not here to take advantage too.
It's all business, a near perfect business that's making them look like heroes.
Blackrock is just operating as an investment vehicle for clients. They aren't the ones doing the buying, it's their clients that are buying. Blackrock isn't making the decisions on buying and selling. So your concern doesn't apply to Blackrock. You're just talking about market participants in the stock market, which are just like the market participants you're describing as "you" in your post.
And Bitcoin is the entire business strategy of Strategy now. So yes, their goal is to keep buying, to keep accumulating as much Bitcoin as they can, and to promote it as much as possible, because that benefits them. They aren't trading it, they are accumulating so they can keep growing their stock price. If they were to ever get rid of their Bitcoin their stock price would plummet. They are going to keep buying Bitcoin because it is in their interest.
Sure, Strategy and stock market investors who buy ETFs are not heroes, they are just market participants, like everyone else. Some will buy and sell, some will keep buying, they will do whatever they want. It's not a hero or a villain, just market participants. Nothing to worry about or cheer for. But every new participant that joins the market is good for Bitcoin because it grows adoption. And that is someone to cheer for, because it moves Bitcoin to becoming the global alternate currency for humanity that it was designed as.
