$BTC Look at this: Strategy actually spent $139 million to repurchase its own shares of STRC—yet didn’t move its BTC position. Guys, doesn’t that mean that while people in the circle talk big, in practice they first need to get their own shell companies sorted out? Even if the main players are repurchasing their own stock, it also suggests they still have confidence in long-term holding. But in the short term, their stance on BTC hasn’t changed—they’re only taking action in a “defensive battle.” Isn’t this a typical move: first optimize the internal structure, then get ready for a big move? Let’s just treat it as onlookers watching the show—there’s no clear buy-in signal.
(via news_bitcoin)
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