New whale bought $3 billion dollars worth of Bitcoins..

[fillippone]

Not sure but a change in Microstrategy recently where Phong Le succeeded Saylor as CEO implies they might start to abandon their 'old core' around Micheal Saylor's beliefs. Perhaps a more pragmatic approach even though Phong Le reiterated the same thing as Micheal Saylor, about HODL Bitcoin under his watch as well.

I won’t hold my breath for this.
Of course, the appointment of a new CFO is a carefully planned process that maybe started a few years back. There is no way a CFO can change such a strategically important strategy in a few months without the approval of both the CEO and the President of the company.

[PaperWallet]

Not sure but a change in Microstrategy recently where Phong Le succeeded Saylor as CEO implies they might start to abandon their 'old core' around Micheal Saylor's beliefs. Perhaps a more pragmatic approach even though Phong Le reiterated the same thing as Micheal Saylor, about HODL Bitcoin under his watch as well.

I won’t hold my breath for this.
Of course the appoin of a new CFO is a carefully planned process, that maybe started a few years back. There is no way a CFO can change such a strategically important strategy in a few months without the approval of both the CEO and of the President of the company.

Watch this: https://www.youtube.com/watch?v=aN-8x4iSgzo

Mr Saylor clearly says he's the majority owner and nobody is crossing him

[justdimin]

It is kind of odd for such kind of wallet to have that kind of bitcoin held on a single wallet, let's assume that it is an exchange wallet which in this case is assumed to belong to coinbase but most exchange cold wallets are always multi-sig wallet for security reasons but this is an old wallet legacy address.
If you look at the transaction with this wallet address 1LQoWist8KkaUXSPKZHNvEyfrEkPHzSsCd
I'm a bit sceptical about why will MicroStrategy send bitcoin to coinbase wallet, if they are doing an OTC transaction, it should be that it is the exchange wallet that should be sending bitcoin to the MicroStrategy wallet. Also, the assumed coinbase wallet just had only incoming transactions and not a single outgoing transaction which leaves me with the question that where will they have bitcoin to settle some institutional investors who subsequently withdraw or even trade bitcoin if that wallet belong to coinbase.

I am sure that it will be spread out eventually. Coinbase does like to move money around and they have so much money, like insane amount of money that it is normal for them to switch it around time to time for protection. When you have 3 billion dollars just on one account, I am sure that someone could spend a few million dollars to buy some computers (and a few million dollars worth of computers would have "some" power) then you could use even brute force, or any other way to crack into it.

I am sure it must be still near impossible but it is still better to be safe than sorry which is why they keep on moving these one by one, and then probably will spread it out.

[TimeTeller]

I am sure that it will be spread out eventually. Coinbase does like to move money around and they have so much money, like insane amount of money that it is normal for them to switch it around time to time for protection. When you have 3 billion dollars just on one account, I am sure that someone could spend a few million dollars to buy some computers (and a few million dollars worth of computers would have "some" power) then you could use even brute force, or any other way to crack into it.

I am sure it must be still near impossible but it is still better to be safe than sorry which is why they keep on moving these one by one, and then probably will spread it out.

Definitely, they are doing some precautions because the amount is huge.
We don't know the steps they are undertaking and for sure they won't disclose it to the public.
But media is really not doing deep research before publishing their article.
It is not a new whale but one of the top exchanges. They can give a different notion to the public.

[Leviathan.007]

This investor became the top holder of bitcoins after entering the market, and the owner of this address may be buying more bitcoins. So it is easy to imagine that if retail investors invest by following these smart uinvestors, they can get positive results. These investors come into the market with a long term plan, this investor may have waited long in advance to grab this opportunity. As a result, he got enough of his expected price to buy bitcoins. So all these activities indicate how much demand for Bitcoin is growing among billionaire investors.

Speaking of bitcoin whales there is so much news about them every day whenever they buy sell or transfer something but we should pay too much attention to this news because mostly these are not just one person but are a group of people or companies but they prefer to do not leak any information about themselves that's why we mostly thing the address belongs to one person however this is still lot's of bitcoin even for a group of people which shows us we are in the good price level to buy and invest.