Why so many people think that Saylor own all the #bitcoin aquired by MicroStrategy?

Reply to this note

Please Login to reply.

Discussion

Because they're retarded.

They are elon musk fans 😁

😂

Not your keys, not your coins?

I believe that Saylor doesn't hodl those keys himself.

Who does? He must be one of a few?

Saylor is the CEO of MicroStrategy, a public company of which he is one of two founders and a major shareholder.

They are not the same.

So who controls the btc? Genuine question

I don't know, but I'm guessing for selling, it will be a multisig that requires multiple keys, say a 5 of 8, those 8 keys will be held by the directors of the company.

For buying, he will need board approval, but having built and run a public company myself, while you are successful, gaining that approval is easy and almost a given. Only if things start to go wrong does the board start interfering.

That makes a lot of sense. I appreciate your insight Mike - thank you 🙏