Call me crazy but even if there are 50 reckless companies buying 1000 btc each and they all go bust (50k btc dumped in the market) I don’t see how that moves the market at all. Maybe a 30% bust but then it continues slowly grinding upwards
Time will tell, but I think we are in a cyclical 10 year+ trend where we are going to be absolutely bored until 1 million per coin 😆
BlackRock Bitcoin Cycle
Think more like 1,000 companies globally with 1,000 bitcoin each
With a clear and open-source playbook, I still struggle to see a high percentage opting to be reckless and put themselves in a situation where Bitcoin needs to be liquidated. Their acquisitions may slow down if interest dies and capital rotates to the new darling, but bitcoin doesn’t have to leave their treasury when this inevitably happens.
Shareholders of copycats will absolutely get rekt, no disagreement there
Totally agree
