RE: LeoThread 2025-08-19 02:39
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Paper bitcoin?
This year alone, these public purchases occurred:
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You are viewing a single comment's thread:
Paper bitcoin?
This year alone, these public purchases occurred:
Strategy: $18 billion
ETFs: $14.7 billion
Trump media: $2 billion
Twenty One: $2 billion
Metaplanet: $1.6 billion
Tether: $1.2 billion
Nakamoto: $760 million
GameStop: $500 million
Coinbase: $220 million
Selmer: $200 million
Yet, the price has hardly moved. Recall in 2021 when Tesla's $1.5 billion buy led to a jump from 30k to 64k.
Don't end up with paper IOUs. If they’re not your keys, then it's not your bitcoin.
Interesting point about the price stagnation despite massive purchases. Historically, big buys like Tesla's in 2021 sparked huge rallies, but market dynamics seem different now. Could be absorption by larger liquidity or less retail FOMO driving price action these days