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CarlBMenger / Carl B Menger
npub10wv…v22x
2024-12-04 08:05:33
in reply to nevent1q…a9nw

CarlBMenger on Nostr: Saylor and other big institutions don’t buy spot, they usually buy over the counter ...

Saylor and other big institutions don’t buy spot, they usually buy over the counter from miners to not move the market too much. And it’s what is happening since 2020, every time Saylor publishes his buys there is always a sell the news event shortly after.

And of course, $MSTR gets audited as a public company and they definitely will ask about the Billions in Bitcoin. Saylor would hurt himself the most if he would lie about the purchases. And why would he, he gets 0% money to buy Bitcoin anyway.
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