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evmlion
@evmlion.eth
When people say Microstrategy owns 10 billion worth of $BTC they forget that the moment they would actually want to sell, the price would immediately drop and they'd be able to liquidate only at a huge discount. Being a large entity owing a large junk of supply of a coin is highly unattractive!
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Thomas
@aviationdoctor.eth
Indeed, and it’s the same for a lot of those billionaires whose wealth is concentrated in their company’s stock. But they can sell slowly over time like Bezos is doing and not disrupt the market much
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