Remember when all the "experts" said @Strategy was the only big bitcoin:native buyer left and if they ever stopped buying, BTC would immediately teleport to new lows?
Strategy hasn't bought a single sat since June 21 (at ~$67k).
Instead they sold 6,916 BTC for ~$429 million.
BTC is now ~$78k, 16% higher than when they last bought.
Still waiting for that teleportation.
@TychoOnnasch since he is able to raise so much cash every week by hitting the ATM to bolster the cash reserve and buyback STRC, why sell the bitcoin? Seems to me he should be buying $100M every week instead of selling at these prices
Man, can't believe I got psyoped into seeing the new Spider-man movie in theaters.
So overrated, the story was mid, the main villain underwhelming and plot holes galore.
@AutismCapital when you purchase a home, but are forced to pay annual property tax with failure to do so meaning the government seizes the property, do you really own it? 🤔
One possible path for the crypto market: it inches higher going into August on Clarity hopium
Clarity then gets rejected and the market nukes to new lows, finally setting in the capitulation bottom
Bull market resumes from there, another 4 yr cycle completed