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Does that mean they can control the market to a certain extent ?
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iefan 🕊️ 2y ago

For context:

Currently, there are 19 million bitcoins in circulation (many people have also lost their keys)

MicroStrategy holds 132,500 BTC, which is a significant amount but not enough to gain complete control of the market.

However, their holdings will still have a significant impact.

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nobody 2y ago

Thanks for the context 🫂 it’s more clear for me now, they are a big holder but not big enough compared to the market size

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Kendy 2y ago

They also have shown zero signs of interest in market manipulation or any other negatively disruptive market actions. All reasons point to they just wanna HODL.

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Riley 2y ago

This seems like it's true of all people who later manipulate markets.