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0.56% of BTC market cap are now held by public listed companies
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Topic: 0.56% of BTC market cap are now held by public listed companies (Read 146 times)
franky1
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Re: 0.56% of BTC market cap are now held by public listed companies
February 10, 2021, 10:47:11 PM
#21
they say more than 1.8mill coins are held by exchanges.
so thats 10% held by private companies as a minimum
I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
lalabotax
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Re: 0.56% of BTC market cap are now held by public listed companies
February 10, 2021, 11:59:28 PM
#22
yes, Tesla has bought it. I also have questions, will other big companies also will buy Bitcoin?
I also wonder how long that company will hold that asset. Of they sell it at ine time, it will exactly give influence to the market. Dump and pump may be easily manipulated.
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MCobian
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Re: 0.56% of BTC market cap are now held by public listed companies
February 11, 2021, 12:34:43 AM
#23
I am sure that there are many public companies investing in Bitcoin, make Bitcoin fundamentals even stronger and this will not make Bitcoin
price correction too deep. Moreover, public companies investing in Bitcoin for the long term, so it can make Bitcoin prices even higher. I believe
that this year it is very likely that Bitcoin price can hit the price of $ 100k. After all, with the news of TESLA investing in Bitcoin can be a trigger
to make more and more people invest in Bitcoin.
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