I think he sees it as a raw asset like gold, just with way better return and qualities, and remember it’s not in his private wallet-he’s accountable to others. For those reasons, he doesn’t scare me because he’ll be forced to just sell on the market if his plan fails. I don’t see the fear as being the percentage of the total bitcoin that companies/orgs/govs have but rather what they have compared to the average person. That’s the scarier ratio for each of us to personally be concerned with. Start stacking!