We’re going to need at least 1,000 more btc companies to eat all the supply these OGs are letting loose 😂
Discussion
Nah. I'm fine with more time to stack deep red sats while the normies are still not paying attention.
Better hurry, every company will want some eventually
OGS NOT IN IT FOR THE TECH HFSP
Kind of weird that those OGs were hodling 10+ years and now all of a sudden simultaneously want to trade their Bitcoin for fiat.
I mean to have the conviction to be hodling this long means you should at least understand that Bitcoin is superior money. So why cash out now when it could be worth a lot more in the future.
It’s an interesting question, not just 50% cashouts either. Addresses were completely drained
Exactly, that is what puzzles me
These are just guesses but my leading thoughts are
1. They used the sales to fund shitcoin treasury companies. The use of galaxy digital and timing of the ether pump lined up well
2. They’re also gold bugs and btc was ready to break out against a 7 year ratio with the gold price
Could be totally off but the timing/exchange is all I have to go off.
It makes sense how you put it.
It just made me think if those wallets were drained.
My thought was maybe holders finding old wallets intentionally and trying to cash out but if the timing isn't random..
To be clear, I have no special insight into these people. It doesn’t seem random to me though. Also the method that they chose … was the one that most directly impacts price. Compared to big companies etc that twap in and do their best to not move price (so you can buy the most without paying higher or sell the most without moving lower)
I mean, when you can cash out for 20 billion dollars I don’t think they care about it being worth a lot more in the future. Even with extreme inflation, they are set for life, don’t have to worry about a damn thing anymore
Early hodlers have played a significant role in helping get Bitcoin to where it is now.
Ideally, Bitcoin would be spent by OGs , not sold for fiat. 🙁
Let’s do this!!! 🤜 🤛
😆
# Point One Bitcoin Treasury Company Prospectus
## Introduction
Welcome to Point One, a revolutionary Bitcoin Treasury Company founded by a collective of small Bitcoin holders, each contributing 0.1 BTC to our initial treasury. Our mission is to harness the power of the little guy, proving that unity and collective action can drive significant financial growth and influence.
## Vision and Mission
**Vision:** To create a sustainable and growing Bitcoin treasury that empowers small investors and demonstrates the strength of collective investment.
**Mission:** To grow Point One through strategic stock sales and public debt offerings, providing a platform where every small Bitcoin holder can participate in and benefit from the company's success.
## Company Structure
Point One is structured as a decentralized organization, with each contributing member holding an equal stake in the company. This structure ensures that the power and decision-making authority remain in the hands of the community, fostering a culture of transparency and democratic governance.
## Initial Treasury
Our initial treasury is funded by the collective contributions of small Bitcoin holders, each contributing 0.1 BTC. This initial capital will be used to establish the company's foundation and lay the groundwork for future growth and expansion.
## Growth Strategy
### 1. Stock Sales
Point One will issue stocks to raise additional capital. These stocks will be available to the public, allowing a broader range of investors to participate in our growth journey. By offering stocks, we aim to diversify our funding sources and attract investors who believe in our vision.
### 2. Public Debt Offerings
In addition to stock sales, Point One will explore public debt offerings as a means to raise funds. This strategy will provide investors with an opportunity to earn returns through interest payments while supporting the company's growth initiatives.
### 3. Strategic Partnerships
We will seek strategic partnerships with other Bitcoin-focused organizations and financial institutions to enhance our market presence and access new opportunities for growth.
## Empowering the Little Guy
At Point One, we believe in the power of the little guy. By providing a platform where small Bitcoin holders can collectively contribute to and benefit from a growing treasury, we aim to democratize investment and prove that significant financial success can be achieved through unity and collective action.
## Conclusion
Point One is more than just a Bitcoin Treasury Company; it is a movement that empowers small investors and demonstrates the strength of collective investment. Join us on this exciting journey as we grow through stock sales, public debt offerings, and strategic partnerships, creating a sustainable and thriving Bitcoin treasury for all.
Together, we can show the world the power of the little guy.