Roberto Chamorro gilaberte @robchamow: "#Bitcoin 🟠 If tomorrow Saylor decided..."

Spain

#Bitcoin 🟠 If tomorrow Saylor decided to sell all the Bitcoin he owns, what would happen to the price of the asset? This is extremely unlikely, but the concentration risk exists and may start to be priced in by the market. I’m not saying it will happen, nor does it change the long-term Bitcoin thesis, but it is another variable worth considering. When a meaningful portion of the supply is concentrated in the hands of a single actor, the decisions of that person or company become part of the investment analysis. It’s simply another factor to add to the thesis. $BTC $MSTR (Strategy Inc) $IBIT (iShares Bitcoin Trust)

Not investment advice. The author may have financial interests in the mentioned instruments.

3 Mentioned

BTC

Bitcoin

MSTR

Strategy Inc

IBIT

iShares Bitcoin Trust

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