sincerem
VIP Contributor
When it comes to the leading investors around Bitcoin, you'll definitely mention microstrategy and Tesla companies as the top Bitcoin whales. Their investment is whopping indeed, which has seen microstrategy BTC holding totalling '124,391 BTCs, which is around $5.9 billion as at December last year when such data was taken.
While Tesla's Bitcoin holding is very much large too, which is $1.5 billion. So, if you put the two funds together, they're just around $7+ billion. Don't you think if such investments are pulled out around Bitcoin such will really crash down Bitcoin market and cause one of the most bear market in history? Recently, Elon musk tweeted that ever since Tesla company invested such amount around Bitcoin they never removed a dime from it. Saying it is funds saved for the future. Same too is what microstrategy boss said last year when he was interviewed. He said, the bitcoins which microstrategy bought will remain on their Bitcoin account for ages. Still we shouldn't just relax our mind and thinking it will just work that way as they've said. The future can change, decisions can be remade, and before you know, microstrategy and Elon musk's Tesla company can refute back their tweet and decide to flip large amount of their coins.
Do you think such kind of massive sales gonna happen anytime soon between Tesla and microstrategy company?
What do you think will happen if both companies flip all their BTC off?
While Tesla's Bitcoin holding is very much large too, which is $1.5 billion. So, if you put the two funds together, they're just around $7+ billion. Don't you think if such investments are pulled out around Bitcoin such will really crash down Bitcoin market and cause one of the most bear market in history? Recently, Elon musk tweeted that ever since Tesla company invested such amount around Bitcoin they never removed a dime from it. Saying it is funds saved for the future. Same too is what microstrategy boss said last year when he was interviewed. He said, the bitcoins which microstrategy bought will remain on their Bitcoin account for ages. Still we shouldn't just relax our mind and thinking it will just work that way as they've said. The future can change, decisions can be remade, and before you know, microstrategy and Elon musk's Tesla company can refute back their tweet and decide to flip large amount of their coins.
Do you think such kind of massive sales gonna happen anytime soon between Tesla and microstrategy company?
What do you think will happen if both companies flip all their BTC off?