Apple, Microsoft, Google, Meta, Nvidia and Amazon will all start buying #bitcoin in silence next week since the 90- day trading delay is over. They will all announce it in August that they have bought. This might be the last weekend to buy BTC below $0.1M.
Discussion
Hilarious to me that institutions think it's more safe now that they can get an ETF. Really it's the opposite. They should have and still should be doing what saylor is doing. US gov making the biggest honey pot in history out of coinbase.
Coinbases inevitable implosion will make many happy stackers. But it's gonna Rival Mount Gox and FTX for impactfulness
What exactly is this 90 day delay?
What’s the 90-day trading delay?
This is the ultimate bull clickbait. But what if you’re right….
It’s already been 90 trading days since the ETFs launched? Man time flies.
Calling BS
Heard it here first
how does fabricating such rumors even help bitcoin at all? it's just so dumb - sure all the largest tech companies are coordinating secretly to buy bitcoin in secret at the same exact time.
They said "in silence", not a secret coordination.
My guess is the 90 days refer to https://www.coindesk.com/business/2024/01/10/bitcoin-etf-listings-will-be-quick-but-money-flows-could-take-months-21shares-co-founder/ -> "It takes at least 90 days for money managers to process additions to their list of approved allocations."
No they won’t, and we don’t want them to anyways.
I would love to read about this, but could not find anything in terms of timing of purchases by publicly traded companies.
Do you have an article on publicly traded companies and ETF’s so I can learn more?
not happening lol
Anything is possible, but I find this highly unlikely. Company leaders just don’t have a strong incentive to do so and face enormous career risk. It’ll likely continue to happen at smaller founder controlled companies first.
What is a 90 day trading delay??
Haha
Kodak has a strong interest in digital cameras, they invented them, and then abandon them.
BlockBuster had a strong interest in video - and the streaming business.
But - both went bankrupt. The 'establishment' rarely sees what's coming.
We shall see what the big tech firms you suggest do but it's very rare for them to actually change.
Microsoft did adapt to Windows (invented by Apple/Macintosh) but it's ALWAYS been a poor implementation. Sad actually.