MicroStrategy's continued Bitcoin buying spree just crossed a major milestone. The firm now controls 3.2% of the entire Bitcoin supply that will ever exist. That's a significant chunk considering Bitcoin's fixed 21 million coin cap. Saylor's aggressive accumulation strategy has essentially made the company a de facto Bitcoin hedge fund, betting big on BTC as institutional adoption accelerates.
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HodlOrRegret
· 12-17 11:06
Saylor really treats the company like a Bitcoin fund, with 3.2%... If the coin price drops, institutional investors will definitely lose their temper.
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BearMarketMonk
· 12-16 22:02
Holding just 3.2% and already starting to tell stories. In a nice way, it's called a hedge fund; frankly, it's just gamblers pushing all their chips into the middle. The problem is, when institutions all enter the market, who is the final sucker to take over? Cycles don't care about how large your position is.
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GateUser-c802f0e8
· 12-16 22:02
Saylor is really bold. 3.2%? He directly turned the company into a Bitcoin fund. That's a huge gamble.
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MEVSandwichVictim
· 12-16 21:34
Shaking hands, Saylor is really crazy. 3.2% may not sound like much, but if you throw it into an exchange... this is true influence, right?
MicroStrategy's continued Bitcoin buying spree just crossed a major milestone. The firm now controls 3.2% of the entire Bitcoin supply that will ever exist. That's a significant chunk considering Bitcoin's fixed 21 million coin cap. Saylor's aggressive accumulation strategy has essentially made the company a de facto Bitcoin hedge fund, betting big on BTC as institutional adoption accelerates.