Topic: MicroStrategy positioned #1 BTC holder, Tesla still at #2nd! (Read 225 times)
Controversial opinion. MicroStrategy is neither number one nor bitcoin hodler. In order to be considered a bitcoin hodler, one must first take custody of one's bitcoin and control it with one's own private keys through non-custodial software or hardware wallets without relying upon any third-party custodians or other services like centralized exchanges. Bitcoin holdler that is always tending to have full control over and access to his bitcoin is never using his bitcoin as collateral for loans to gain additional yield in fiat terms because it implies bitcoin being handed over to a third party which is antithetical to bitcoin hodling. Bitcoin hodler doesn't store their savings on a centralized exchange like Coinbase because exchanges are very vulnerable to hacks, regulations, government seizure, closure, and bankruptcy. Most likely, most centralized exchanges are running their business on fractional reserves and therefore are insolvent and fraudulent by their nature. A rational bitcoin hodler would avoid using centralized exchanges and third-party custodians because it is too risky and unnecessary at the same time. Michael Saylor and his company do everything a true bitcoin hodler would not.
Wrong. This list pertains to companies and individuals who have been identified and who have no issues revealing themselves. What about people like Satoshi etc who haven't revealed themselves op?
Some of them are way bigger BTC HODLERS in comparison which is why your list and the title of this particular thread isn't entirely accurate op.
Some of them are way bigger BTC HODLERS in comparison which is why your list and the title of this particular thread isn't entirely accurate op.
The good thing is that there are still many investors and compainices who would be buying in the future. The ones who are are buyng now will not dump them bitcoin anytime soon. The big inevstors have a miniset for long term investments so even if they buy more bitcoin, it won't be a threat to the bitcoin holders. Soon people will realze that they have to pay a lot more amount of money to buy small quanity of bitcoin due to high demad and limited supply.
Bitcoin is the future so yes that is for sure. Bitcoin is dipping now so expect that more are buying than dumping but you cant say that they wont sell soon. What if the price recover? I think some are going to cash out for some profits although some will remain because they are aiming for a higher returns.I do not think that small investors are going to hate big investors but they are going to be more happy when big investors invest because that can up the price of the coins but someone think it is bad because it can cause for the coins to be more centralized. No surprised that tesla positioned second because Elon has lots of excuses in bitcoin.
It seems MicroStrategy's Michael Saylor is making up fast for coming to Bitcoin rather late. For just a few years and with Bitcoin's price rising to tens of thousands, MicroStrategy still managed to grab a lot of Bitcoin to rise to the position of number one Bitcoin holder. By the looks of it, Saylor's MicroStrategy isn't done stacking up more Bitcoin yet. Elon, on the other hand, is not really a solid Bitcoin fan, although I also don't think he is deeply convinced that there is an altcoin stronger than Bitcoin feature-wise.
Nothing has changed for a long time huh? I hope that another company gets in because that will definitely stimulate the competition between these institutional whales to the point that they would be buying more bitcoin again to keep their position in the leaderboard. I believe that when that happens, prices will start going up again, my only hope is that when this happens I will have bitcoin in my possession to get some profit.
Looking at the figures I realize that MSTR owns more than 0.5% of the total supply. I think Saylor is on its way to buying 1%. And more. If we take into account that many were lost, that is a considerable amount to own by a single institution. If he does well, he will become one of the richest people in the world. It is not that he is now poor, but he will be among the top.
Thats freakishly huge number if you ask me. It may be possibility that they are upto 1% goal but it could be just our imagination and they might be just flooding their wallets with as much bitcoin as they would. Its really amazing to see how this guy is all over the bitcoin now.
The more he posses the more he is threat to us as solo investor. Lolz. I hope that he does not have any intentions like that and it would be bad to think it that way. It might be that he just wanna be that top of world guy with the bitcoin in possession.
Owning more than 0.5% is nothing but frankly speaking the number will surely keep rising along the way. Lets hope it does not reach out 10%. Then that would fearsome for us.
The good thing is that there are still many investors and compainices who would be buying in the future. The ones who are are buyng now will not dump them bitcoin anytime soon. The big inevstors have a miniset for long term investments so even if they buy more bitcoin, it won't be a threat to the bitcoin holders. Soon people will realze that they have to pay a lot more amount of money to buy small quanity of bitcoin due to high demad and limited supply.
I assume that there are many corporations and institutional investors,that are HODLing Bitcoins,but most of them simply don't want to disclose the fact that they are owning Bitcoins.
Companies like Grayscale and Microstrategy are well known for bragging and publicly stating that they have multiple Bitcoins in their balance.Tesla has BTC,but Elon Musk will keep trolling and saying stupid shit.
To be honest,I don't really care about such "Top 10 Bitcoin HODLers" lists.Does this even matter for the Bitcoin community?Will there be a significant change,if another company dethrones Microstrategy or Greayscale from the top position or Tesla from the second position?I don't think so.
Companies like Grayscale and Microstrategy are well known for bragging and publicly stating that they have multiple Bitcoins in their balance.Tesla has BTC,but Elon Musk will keep trolling and saying stupid shit.
To be honest,I don't really care about such "Top 10 Bitcoin HODLers" lists.Does this even matter for the Bitcoin community?Will there be a significant change,if another company dethrones Microstrategy or Greayscale from the top position or Tesla from the second position?I don't think so.
Looking at the figures I realize that MSTR owns more than 0.5% of the total supply. I think Saylor is on its way to buying 1%. And more. If we take into account that many were lost, that is a considerable amount to own by a single institution. If he does well, he will become one of the richest people in the world. It is not that he is now poor, but he will be among the top.
None knows whether MicroStrategy was holding bitcoin prior to August 2020. During the month of August 2020 it converted around $250m in cash holdings to cryptocurrency. This is the first public company to do it. Within 1.5 years time it has been holding more than 0.5% of the total supply. So, reaching 1% doesn't look like a big deal for MicroStrategy. Possibly by the next year same time MicroStrategy will hold more than 1% Looking at the figures I realize that MSTR owns more than 0.5% of the total supply. I think Saylor is on its way to buying 1%. And more. If we take into account that many were lost, that is a considerable amount to own by a single institution. If he does well, he will become one of the richest people in the world. It is not that he is now poor, but he will be among the top.
Thats freakishly huge number if you ask me. It may be possibility that they are upto 1% goal but it could be just our imagination and they might be just flooding their wallets with as much bitcoin as they would. Its really amazing to see how this guy is all over the bitcoin now.
The more he posses the more he is threat to us as solo investor. Lolz. I hope that he does not have any intentions like that and it would be bad to think it that way. It might be that he just wanna be that top of world guy with the bitcoin in possession.
Owning more than 0.5% is nothing but frankly speaking the number will surely keep rising along the way. Lets hope it does not reach out 10%. Then that would fearsome for us.
I don't think it will be on his interest if he will manipulate the market. Though the percentage he owns is still small one as compared to the circulating supply, still it will make a dent if he decides to sell large portion of his stash. This is because, it may possibly create panic for some holders and would influence others to sell. But anyway, we don't know if they are indeed the top holders in this market. This is what we know but for those who are silently holding and accumulating their btc, we have no information about that.
Looking at the figures I realize that MSTR owns more than 0.5% of the total supply. I think Saylor is on its way to buying 1%. And more. If we take into account that many were lost, that is a considerable amount to own by a single institution. If he does well, he will become one of the richest people in the world. It is not that he is now poor, but he will be among the top.
Thats freakishly huge number if you ask me. It may be possibility that they are upto 1% goal but it could be just our imagination and they might be just flooding their wallets with as much bitcoin as they would. Its really amazing to see how this guy is all over the bitcoin now.
The more he posses the more he is threat to us as solo investor. Lolz. I hope that he does not have any intentions like that and it would be bad to think it that way. It might be that he just wanna be that top of world guy with the bitcoin in possession.
Owning more than 0.5% is nothing but frankly speaking the number will surely keep rising along the way. Lets hope it does not reach out 10%. Then that would fearsome for us.
Tesla has to be careful how it goes about publicly investing in bitcoin. While they havent sold any, I cant see them making another public purchase any time soon.
The old news is that T sold 10% of the total Bitcoin purchased, but only that as Mr.Mars claims for the purpose of market testing.
‘Tesla only sold ~10% of holdings to confirm BTC could be liquidated easily without moving market.
Its investment is actually quite insignificant if we take into account what wealth it has at its disposal compared to MicroStrategy. Therefore, no one should worry too much about what his company will do with some 40 000 BTC, because it has shown that it does more harm than good for Bitcoin in general. I wouldn’t be surprised if at one point he decides to replace all Bitcoin with wow-wow coins, at least judging by the latest tweet🍔
Looking at the figures I realize that MSTR owns more than 0.5% of the total supply. I think Saylor is on its way to buying 1%. And more. If we take into account that many were lost, that is a considerable amount to own by a single institution. If he does well, he will become one of the richest people in the world. It is not that he is now poor, but he will be among the top.
hahahah microstartegy always buy more and after all they still profitable if we looking the average buying and as you might know There bunch company that will join crypto industry i think tesla will buy more if the board aggree with the payment of bitcoin but all we need is wait and see
Grayscale by definition:
I don’t think they are planning anything here, they are just being strongest players in the crypto world. They definitely love bitcoin and know it’s value.
Imagine bitcoin value reaching million dollar, booom Michael is gonna go crazy.
So they planning to be ahead of everyone and want to be RICH fish around the globe.
~snip
What is Microstrategy planning? I know that Elon Musk loves going the route of perpetually Bullish with bouts of scary FUD whenever he is planning to buy more, at least when it comes to dogecoin, which has a smaller market cap and is therefore much easier to manipulate. I would love to know how long term this bitcoin hording strategy of Microstrategy will be...
With any luck Microstrategy might even prove itself a gift for hodlers everywhere and a steady pillar against whale manipulations.
Quote
What is Microstrategy planning? I know that Elon Musk loves going the route of perpetually Bullish with bouts of scary FUD whenever he is planning to buy more, at least when it comes to dogecoin, which has a smaller market cap and is therefore much easier to manipulate. I would love to know how long term this bitcoin hording strategy of Microstrategy will be...
With any luck Microstrategy might even prove itself a gift for hodlers everywhere and a steady pillar against whale manipulations.
Imagine bitcoin value reaching million dollar, booom Michael is gonna go crazy.
So they planning to be ahead of everyone and want to be RICH fish around the globe.
This is surprising that most of the bitcoin tranche is bought by MicroStrategy amid the thing that Tesla is all showing they are the one selling their products in the form of digital payments.
I believe that this is because of Tesla CEO Elon focusing more on the DOGE payments and his so called vision of cutting down bitcoin carbon emission (still in talks). Due to this they lost most of the bitcoin last year and could be one of the reason for #2 position.
If you read the linked article then you will find that most of the gaming, photo editing and companies which are software based are heavily investing in the crypto market and being the mega players of BITCOIN only.
A good read for those who love to see world wide distribution of bitcoin by companies format and sector.
Full read here
I believe that this is because of Tesla CEO Elon focusing more on the DOGE payments and his so called vision of cutting down bitcoin carbon emission (still in talks). Due to this they lost most of the bitcoin last year and could be one of the reason for #2 position.
Quote
The biggest corporate bitcoin holder is the Virginia-based business intelligence software maker MicroStrategy, according to a database from the crypto analytics firm CoinGecko. The $3.6-billion company owns 121,044 bitcoin, a crypto horde roughly 2.5 times larger than its nearest contender, Tesla. MicroStrategy’s bitcoin is now worth roughly $4.4 billion—which is about 25% more than the company’s market capitalization.
If you read the linked article then you will find that most of the gaming, photo editing and companies which are software based are heavily investing in the crypto market and being the mega players of BITCOIN only.
A good read for those who love to see world wide distribution of bitcoin by companies format and sector.
Full read here
What is Microstrategy planning? I know that Elon Musk loves going the route of perpetually Bullish with bouts of scary FUD whenever he is planning to buy more, at least when it comes to dogecoin, which has a smaller market cap and is therefore much easier to manipulate. I would love to know how long term this bitcoin hording strategy of Microstrategy will be...
With any luck Microstrategy might even prove itself a gift for hodlers everywhere and a steady pillar against whale manipulations.
From the link in the OP
Can any public company catch up? it looks like Microstrategy has approximately
3 times more than Tesla.
There has been talk that because of the recent down turn Microstrategy might sell because
of potential internal pressures but I recon they will just buy more.
Saylor takes the saying "put your money where your mouth is" to a new level.
Quote
While at least 26 publicly traded companies hold bitcoin, just one owns more
than half of all cryptocurrency on corporate balance sheets.
than half of all cryptocurrency on corporate balance sheets.
Can any public company catch up? it looks like Microstrategy has approximately
3 times more than Tesla.
There has been talk that because of the recent down turn Microstrategy might sell because
of potential internal pressures but I recon they will just buy more.
Saylor takes the saying "put your money where your mouth is" to a new level.
About Tesla, did Elon or his company really dumped that much at all? From what I remember, he said that they haven't sell from that purchase they've made. But maybe he's lying, and what I read from someone is that before he dumps, he's giving a hint on it, not actually a hint or a clue but he's literally telling that he's going to dump. Just like what he did with his Tesla stocks. He publicized it before he dumped that billion worth of stock.
It's really awe to think how saylor is determined to be in top, but it's actually way more scary to think that, well this is a business, they have a schedule when their selling time, so every future microstrategy's actions particularly for selling their bitcoin will probably plunge the bitcoin price way more deeper than we could imagine before, particularly in 2020
There is a lot of secrets that we aren't aware of it. It's because we really can't trace them who bought a bigger amount. Anyone could accumulate without announcement or could sell as well. Isn't possible they just announce once they buy and hide during the sale? Or do they buy more and hide a part of it to sell during the pump? It doesn't matter who is the big holder. It's a matter of who adapts more. Seems Elon not adapting Bitcoin right now and concentrate to adapt Dogecoin.
From the total list of 26 companies, only 3 businesses belong to the Software sector, while 15 are exclusive from crypto industry (mining, exchange or investment firm). More than half of the institutional investors from the top 26 are actually crypto businesses. It gives an impression mainstream companies are still avoiding bitcoin on their treasuries.
It's very nice to see a strong adopter like MicroStrategy always supporting bitcoin during its hardest moments, but without competition it doesn't make much sense. Because it's competition which keeps any markets alive and thriving. That means, more companies purchasing and accumulating bitcoin at same time. Hegemony isn't good in this case...
It's very nice to see a strong adopter like MicroStrategy always supporting bitcoin during its hardest moments, but without competition it doesn't make much sense. Because it's competition which keeps any markets alive and thriving. That means, more companies purchasing and accumulating bitcoin at same time. Hegemony isn't good in this case...
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