Saylor is throwing out feelers about buying BTC again.
But crypto is a paradoxical beast: right now, the market will see selling, not buying, as bullish, especially if MicroStrategy unloads coins. Everyone's buzzing about whether Michael took profits last week.
The crowd is converging on these scenarios:
Dumping in the zeros: total depression for the market.
Sold for $1 billion: not enough, the trend stays bearish.
Dumped for $2+ billion: now that's fuel for a solid rebound.
By the way, $2 billion in cash would cover STRC dividends for about a year and a half. So the logic is flipped: the more Saylor sells, the better it is for the crypto crowd. The resolution is coming tomorrow.
But crypto is a paradoxical beast: right now, the market will see selling, not buying, as bullish, especially if MicroStrategy unloads coins. Everyone's buzzing about whether Michael took profits last week.
The crowd is converging on these scenarios:
Dumping in the zeros: total depression for the market.
Sold for $1 billion: not enough, the trend stays bearish.
Dumped for $2+ billion: now that's fuel for a solid rebound.
By the way, $2 billion in cash would cover STRC dividends for about a year and a half. So the logic is flipped: the more Saylor sells, the better it is for the crypto crowd. The resolution is coming tomorrow.