π° News Alert...
π Title: Michael Saylorβs Bitcoin Holdings: No Threat to the Protocol, Says Saifedean Ammous
ποΈ Published: 2025-04-25T09:00:00-04:00
π Summary: In a recent interview, renowned Bitcoin author Saifedean Ammous addressed concerns over Michael Saylor's hypothetical accumulation of 10 million Bitcoins, asserting that such a situation would not jeopardize the Bitcoin protocol or its market dynamics. Ammous emphasized that major investment firms like BlackRock do not directly own Bitcoin but act as fiduciaries for their clients, which mitigates any potential risk of centralization. He further noted that if these entities abused their positions, investors would likely withdraw their assets, seeking other investment opportunities.
π [Cointelegraph](https://cointelegraph.com/news/michael-saylor-strategy-10-million-bitcoin-hold-no-risks-bitcoin-standard-author?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)
ποΈ Source: Cointelegraph by Ciaran Lyons
π #Bitcoin #CryptoAnalysis #MarketStability