BlackRock's Bold Move: $1.5 Billion Bet on Bitcoin!

[Rustam Meraj]

With all due respect, you have no idea what you are talking about. Saylor has repeated ad nauseam that he will never sell his bitcoin, referring to MSTR, other than that he also personally holds them and will not sell them. But it is not only that, he has based the value of his company on never selling and never stop accumulating, so if he were to sell (leaving aside a small sale at the end of the year for tax purposes, as you mention) it would automatically mean a drastic drop in the share, and he is not going to stick a thread in his foot.

At the moment the plan is to get $42B the next 3 years to keep buying more bitcoin.

I see what you are saying and you are correct. Michael Saylor has made it clear that he will not sell his Bitcoin both personally and through his company MicroStrategy. His plan is to keep buying and holding Bitcoin and this approach is key to his company value. Saylor past actions and public statements show he is serious about this. If he changes his plan it could harm his company stock. He plans to invest $42 billion in Bitcoin over next three years which shows his commitment. Your observation highlights how important it is for Saylor to stick to his long term Bitcoin strategy both for his company success and his own investments.

[X-ray]

With all due respect, you have no idea what you are talking about. Saylor has repeated ad nauseam that he will never sell his bitcoin, referring to MSTR, other than that he also personally holds them and will not sell them. But it is not only that, he has based the value of his company on never selling and never stop accumulating, so if he were to sell (leaving aside a small sale at the end of the year for tax purposes, as you mention) it would automatically mean a drastic drop in the share, and he is not going to stick a thread in his foot.

At the moment the plan is to get $42B the next 3 years to keep buying more bitcoin.

that sounds like a really ridiculous strategy despite the good notion of keep holding it and not selling it at all.
wonder what's his plan after accumulating that big amount of BTC to be honest, will he create some sort of services or what.

because in my opinion, the money need to be cashed out at some point to pay up the loan, which is in this case, if he's so sure he won't sell his BTC, he probably needs a strategy to profit big time from leveraging their BTC holdings.

[AsiaHODL]

With all due respect, you have no idea what you are talking about. Saylor has repeated ad nauseam that he will never sell his bitcoin, referring to MSTR, other than that he also personally holds them and will not sell them. But it is not only that, he has based the value of his company on never selling and never stop accumulating, so if he were to sell (leaving aside a small sale at the end of the year for tax purposes, as you mention) it would automatically mean a drastic drop in the share, and he is not going to stick a thread in his foot.

At the moment the plan is to get $42B the next 3 years to keep buying more bitcoin.

that sounds like a really ridiculous strategy despite the good notion of keep holding it and not selling it at all.
wonder what's his plan after accumulating that big amount of BTC to be honest, will he create some sort of services or what.

because in my opinion, the money need to be cashed out at some point to pay up the loan, which is in this case, if he's so sure he won't sell his BTC, he probably needs a strategy to profit big time from leveraging their BTC holdings.

If you are thinking of BTC as an asset to be "cashed out" into fiat, then you really still don't truly "get it". As for what MSTR, or indeed almost any listed company with borrowings does, is to continue to recycle loans. Some companies don't have debt, or slowly repay it, but financial institutions (and MSTR is no different), make their money leveraging debt into investments which provide a higher return than the cost of that debt.

[icalical]

Early days for BlackRock's ETF definitely saw big inflows, a good start that promise institutions could get into it. And yet, it rapidly lost its early lead to Grayscale despite BlackRock being known for strong management and influence. While it's true that interest from BlackRock could inspire more institutions to consider Bitcoin, but it is still early days, with competition already fierce.

With any luck, the Bitcoin ETFs would make crypto more accessible but also come with limits. The thing is, ETFs tend to centralize Bitcoin custody, taking away from the decentralized nature many investors love in crypto. That could mean increased adoption with BlackRock's involvement but might turn off a number of hardcore crypto enthusiasts who want their crypto solutions to be decentralized.

[FortuneFollower]

Early days for BlackRock's ETF definitely saw big inflows, a good start that promise institutions could get into it. And yet, it rapidly lost its early lead to Grayscale despite BlackRock being known for strong management and influence. While it's true that interest from BlackRock could inspire more institutions to consider Bitcoin, but it is still early days, with competition already fierce.

With any luck, the Bitcoin ETFs would make crypto more accessible but also come with limits. The thing is, ETFs tend to centralize Bitcoin custody, taking away from the decentralized nature many investors love in crypto. That could mean increased adoption with BlackRock's involvement but might turn off a number of hardcore crypto enthusiasts who want their crypto solutions to be decentralized.

If they would be turned off from BTC even with regulations for ETFs and what not - that would be their loss, realistically  It's not like ETFs would be get rid of the moment an institution gets enough of them.

[betswift]

With all due respect, you have no idea what you are talking about. Saylor has repeated ad nauseam that he will never sell his bitcoin, referring to MSTR, other than that he also personally holds them and will not sell them. But it is not only that, he has based the value of his company on never selling and never stop accumulating, so if he were to sell (leaving aside a small sale at the end of the year for tax purposes, as you mention) it would automatically mean a drastic drop in the share, and he is not going to stick a thread in his foot.

At the moment the plan is to get $42B the next 3 years to keep buying more bitcoin.

that sounds like a really ridiculous strategy despite the good notion of keep holding it and not selling it at all.
wonder what's his plan after accumulating that big amount of BTC to be honest, will he create some sort of services or what.

because in my opinion, the money need to be cashed out at some point to pay up the loan, which is in this case, if he's so sure he won't sell his BTC, he probably needs a strategy to profit big time from leveraging their BTC holdings.

Who would be able to tell when his BTC is moved, or there are his address at place to watch and learn how it's done?  

[AsiaHODL]

With all due respect, you have no idea what you are talking about. Saylor has repeated ad nauseam that he will never sell his bitcoin, referring to MSTR, other than that he also personally holds them and will not sell them. But it is not only that, he has based the value of his company on never selling and never stop accumulating, so if he were to sell (leaving aside a small sale at the end of the year for tax purposes, as you mention) it would automatically mean a drastic drop in the share, and he is not going to stick a thread in his foot.

At the moment the plan is to get $42B the next 3 years to keep buying more bitcoin.

that sounds like a really ridiculous strategy despite the good notion of keep holding it and not selling it at all.
wonder what's his plan after accumulating that big amount of BTC to be honest, will he create some sort of services or what.

because in my opinion, the money need to be cashed out at some point to pay up the loan, which is in this case, if he's so sure he won't sell his BTC, he probably needs a strategy to profit big time from leveraging their BTC holdings.

Who would be able to tell when his BTC is moved, or there are his address at place to watch and learn how it's done?  

Are you talking about MSTRs BTC, or what MS holds personally? For his personal BTC, unless you know his wallet addresses, you won't know what he moves. As for MSTR, is a public and audited company, so needs to comply with reporting obligations, including material and price-sensitive disclosures.