The co-founder of the Michael Saylor strategy published Bitcoin (BTC) Chart signaling an imminent acquisition of the BTC by the company, marking the week eight of consecutive purchases by the company during this last passage of purchase.
“Orange is my favorite color”, Saylor wrote To its 4.4 million followers on X – a certain number which has continued to grow in the past two years while the co -founder of the strategy pays increased attention to the media due to the company treasury plan.
Society most recent acquisition of bitcoin On May 26 on 4,020 BTC, worth around 427 million dollars at the time of purchase, brought total stratum assets to 580,250 BTC.
According to data Bitcoin vouchers, this makes the strategy the largest known Bitcoin holder, with the BTC assets of the company eclipizing the amount of BTC owned by the United States and combined Chinese governments.
The strategy has become synonymous with Bitcoin, with many traders sees it as a proxy bet for digital assets.
The rapid accumulation of BTC of the company is already Modification of market dynamicsAccording to crystory analyst Ki Young Ju. Institutional purchases could also trigger a supply shockSending higher BTC prices, the managers of the Crypto-Native Synim Bank told Cointelegraph.
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The debate breaks out on the proof of bitcoin of the reserve strategy
The strategy was characterized inasmuch as emerging financial superpower by authors like Adam Livingston. However, not all investors are convinced by the Bitcoin of Strategy accumulation numbers.
An increasing number of market participants expressed criticism and suspicion that the strategy does not have the bitcoin that it claims to have in its business treasure, citing a regular lack of evidence of reserve audits.
An individual replied To say, an imminent Saylor acquisition position asking: “No proof of reservations is your” Cruisons-moi Bro “. When Mempool? [are you] Too afraid to show that you have no bitcoin, but rather bitcoin paper? “”
https://www.youtube.com/watch?v=uc28jtzfina
The co-founder of the strategy maintains that Proof of reserve audits is risky For large companies and institutions, because they open the portfolios of institutions to monitoring and unwanted attention of potential threats.
This high degree of transparency inherent in public blockchains is often quoted by industry professionals and business leaders as one of the main obstacles to institutions Put their commercial operations in the waves.
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