Should MicroStrategy be called an industry lantern?
Some time ago, every time MicroStrategy added positions, it caused the price of Bitcoin to fall! Because many people are worried that adding positions of this kind of famous brand will cause other people to sell, so they rush to sell first! Prices fall to a certain extent every time
But this time MicroStrategy's addition of positions caused the price to rise. The reason is that
When miners hold less and less BTC and mining output becomes lower and lower, the setting of BTC prices has little to do with POW. Instead, whoever has the most chips will have the final price. Rights are essentially similar to collections
Therefore, MicroStrategy’s additional positions in the future may increase everyone’s confidence in Bitcoin.
MicroStrategy's current BTC stock is likely to have reached about 1% of the actual circulation, not to mention that about 90% of Bitcoins are locked or pledged. This is very scary! #BTC