RE: The Bitcoin for Corporations Event is the biggest Event for Bitcoin that no one's talking about...
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Michael might be able to pump Bitcoin again, but I have heard that his strategy is not that well respected, since locking up your liquidity in a high volatile asset is not sth you want to do if you want to stay liquid.
Still getting other Corps to put 1%-5% of their capital in BTC would be huge indeed.
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He's said multiple times it's his treasury reserves, IE cash he's not planning on using for day to day business operations. He's mentioned multiple years as his investing time horizon.
welp, I am just reciting what Frank Thelen (some German business guy) said. Despite him also liking Bitcoin he said Saylor is overinvested so he can't respond to changes in the market (cause not necessarily liquid) and also does not reinvest into his operations. But well if you don't know what to do with a billion dollars might as well put it in BTC.
Yea well he's not trying to time moves in the market, he's buying dips and expecting bitcoin to keep doing what it's done since it was created, and that's go up over time.