Michael Sailor, the co -founder of the strategy, published the Bitcoin (BTC) chart that indicates the BTC imminent acquisition by the company, which was identified in the eighth week of successive purchases by the company during this last mission.
“Orange is a favorite color,” Sailor books For 4.4 million of his followers on X-numbering steadily over the past two years, as the co-founder of the strategy has increased the media’s attention due to the company’s treasury plan.
The latest acquisition of the company in Bitcoin on May 26 of 4,020 BTC, at a value of $ 427 million at the time of purchase, reached the total strategy holdings to 580,250 BTC.
according to Data From Bitcoin bonds, this makes the strategy the largest single bitcoin, where the company’s BTC Holdings Posthers Pincra The BTC quantity that is held by American and Chinese governments combined.
The strategy became synonymous with Bitcoin, as many traders saw a bet of digital assets.
The rapid accumulation of the company for BTC already changes the market dynamics, according to Crytoquant Ki Young JU. CINTEEGRAPH said that institutional purchase may also lead to the shock of supply, sending BTC prices up.
Related to: Michael Sailor shoots the Rogan spot: “Let’s talk about Bitcoin”
The discussion on Bitcoin’s proof of strategy from reserves is erupted
It was the strategy Premium As a result of the emerging financial power by authors such as Adam Levingstone. However, not all investors are convinced of bitcoin accumulation numbers.
An increasing number of market participants expressed criticism and doubts that the strategy does not have bitcoin that it aims in in the corporate treasury, noting that there is no regular evidence of reserve audits.
One individual Respond To Saylor’s imminent acquisition publication: “There is no evidence of reserves is” Trust Me Bro “. When it is Mimpol?
https://www.youtube.com/watch?
The co -founder of the strategy argues that proving the reserve audit is fraught with risks for large institutions and institutions because it opens the governor of institutions to follow and unwanted attention from representatives of potential threats.
This high degree of transparency in connection with the general Blockchains is often mentioned by industry and business leaders as one of the main obstacles for institutions that put their commercial operations.
magazine: Coinbase Hack shows that the law may not protect you: this is the reason
The post Strategy signals another Bitcoin buy on June 2 first appeared on Investorempires.com.
