All these Bitcoin Treasury Companies were designed to give OG Whales the liquidity to Cash Out
That's why NAKA and MSTR didn't care about the price they bought
Discussion
Alot of these OG Whales created a Treasury Company
The same whales selling their bitcoin to the company they own
Out of one pocket and into their other pocket
Very early on Saylor said he had his own personal large Bitcoin stash. I haven’t listened to him in a couple years so not sure if he mentions it anymore. I always that he might be selling his personal stash to his company.
Think I saw a recent clip of him saying he hasn’t stole any of his personal stack.
Not sure I’d this is something he would have to disclose to the SEC or smthn
*sold
I don't consider Saylor as an OG, but the OGs, but MSTR serves liquidity for OGs
Now, the Copy Cats like Naka serve as direct liquidity pipe line for OGs like David Bailey to place his some of his personal stack into his own corporate treasury