Co -founder of the Strategy Michael Saylor published the Bitcoin (BTC) chart signaling the approaching takeover of BTC by the company, which means eighth weeks of subsequent purchases by the company during this latest purchase.
“Orange is my preferred color,” Saylor wrote Until its 4.4 million followers on the X-Czechb, which is constantly growing in the last two years, because the co-founder of the strategy undertakes to enhance the media’s attention due to the company’s corporate tax plan.
The latest takeover of the company’s Bitcoin on May 26 with 4020 BTC, worth about $ 427 million at the time of purchase, brought a total number of strategies to 580 250 BTC.
According to data With Bitcoin Treasuries makes the strategy the largest known owner of Bitcoin, and BTC Holdings exceeds the amount of BTC in the possession of the US and Chinese rule.
The strategy has become synonymous with Bitcoin, and many traders consider him as a proxy plant for the digital resource.
Rapid BTC accumulation by the company is already changing market dynamics, according to the Crytoquant Ki Newborn JU analyst. Institutional buying can also cause a shock of supply by sending BTC prices higher, the management of the cryptocurrency bank reference bank told Cointelegraph.
Related: Michael Saylor shoots at Rogan Spot: “Let’s talk about Bitcoin”
The debate explodes about Bitcoin proof of strategy reserves
The strategy was characterized As an emerging financial superpower of authors such as Adam Livingston. However, not all investors are convinced by the reported numbers of Bitcoin Strategy accumulation.
The growing number of market participants expressed criticism and suspicions that the strategy has no bitcoins to have in its corporate treasury, citing the lack of regular evidence of reserve audits.
One person replied Approaching the post of acquiring Saylor, asking: “No evidence of reserves is the preferred” trust my brother. ” When MEMPOOL? [are you] He is too afraid to show that you don’t have bitcoins, but instead of bitcoin paper? “
https://www.youtube.com/watch?v=UC28JTZFINA
The co -founder of the strategy claims that the proof of reserve audits is risky for vast enterprises and institutions because they open the institution’s portfolios to track and unwanted attention of potential threat entities.
This high degree of transparency associated with public blocks is often cited by professionals from industry and business leaders as one of the main obstacles for institutions introducing business activities.
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