Many of you DM'd me saying @saylor 's #Bitcoin buys did not move the price, and therefore, ETF purchases will not either.
07 Jan 2024, 16:51
Many of you DM’d me saying @saylor ‘s #Bitcoin buys did not move the price, and therefore, ETF purchases will not either.
I checked the data and $MSTR bought ~$600 million (in 30 days) using OTC desks and it did move the price (green arrows).
Try buying $1 Billion in 1 day!!