Here's how Michael Saylor's massive Bitcoin play could reshape the market dynamics:
đ The Numbers:
đ° $42 Billion to deploy over 252 trading days =
âĄïž $167M daily average buy pressure from one buyer.
đȘ Daily mined supply = 450 #Bitcoin.
đŠ Add a 30% selling/trading float for miners/OTC liquidity = 585 BTC daily in play.
đ Impact:
At this pace, Saylor can buy out the daily supply, creating a price floor of $285,000 per BTC.
đ How It Could Unfold:
1. Initial Phase: Slow rise as sales flush out and OTC desks empty.
2. Next Phase: Rapid price increases, outpacing past bull markets.
3. Multiplier Effect:
If $BTC hits $285K, MicroStrategyâs valuation could expand 3x to $150B.
This would allow Saylor to raise another $100B for further accumulation.
đ Potential Outcome:
Floor price for BTC at $686K during a traditional bear market.
Drastic reduction in selling pressure from ETFs, miners, and OTC desks.
A âspookyâ market with as few as 200 BTC available daily.
â ïž Key Assumptions:
Saylor alone is driving this, with no other major buyers (retail, institutions, or governments).
No additional bull market triggers.
đĄ Takeaway: The S curve is approaching. If this unfolds as expected, the crypto landscape will witness a paradigm shift.
đ Bookmark thisâ2024 might just be the year of Bitcoin's transformation.