I've long said not to empathize with MicroStrategy.


Saylor is now very clear:
It's not that Strategy can't sell BTC, but that they will sell when necessary.
Betraying faith? That's actually the essence of institutions.
Retail investors buy into narratives, institutions focus on the balance sheet.
When the wind is favorable, they promote long-termism; when it's unfavorable, they manage liquidity.
This market is zero-sum, not a charity; institutions aren't here to lift retail investors, they're here to make money.
BTC0.08%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned