While everyone is focused on @Strategy bitcoin position they are missing this. 👇🏽
And this performance is after a 76% decline. Just imagine where things go after the next all-time high in Bitcoin.
This will go down as one of the greatest financial stories of all time.
People are overthinking the 32 BTC sale.
“Why sell?”
“Why not just buy less next week?”
“Is this bearish?”
Michael @saylor already explained the logic:
• If Bitcoin can’t be sold, critics say it has no value.
• If it has no value, the balance sheet value is zero.
• If the balance sheet value is zero, credit rating agencies ignore it.
• So you sell a tiny appreciated portion to prove Bitcoin is liquid, valuable, and real.
@COLDCARDwallet Your product is probably efficient and great, but it looks way too complicated that people are scared of that. I know it’s made to look complicated to confuse a potential hacker, but it’s actually confusing to people who want to purchase an entry level product for cold storage.