⚡️🤔 NEW - "How does MSTR buy billions in bitcoin without sending the price parabolic?" — Joe Burnett

https://blossom.primal.net/79e34ba683daef82278d945ebe4e57c8cf0fc42efa89276eae52c59366020f9a.mp4

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Also: they mostly buy OTC from what I can tell, and of course there’s risk that Coinbase (as the custodian) doesn’t actually hold the coins.

It’s simple. They don’t buy real Bitcoin, just promises.