Don Jr has pivoted to gold.
Time to pivot to bitcoin if you're in metals. https://t.co/mZgCkJ6hEj
Don Jr has pivoted to gold.
Time to pivot to bitcoin if you're in metals. https://t.co/mZgCkJ6hEj
This question is quite good, I see many folks are concerned.
First, the claim that $MSTR sold 45,000 Bitcoin is unknown. I also saw some analysis that it was sold from Fidelity custody; to verify truth there are two methods:
1. MSTR’s official website provides all current holdings data, showing 843,706 coins held, while MSTR’s official announcement on X on May 26 reported 843,738 Bitcoin.
Mathematically inclined friends can calculate whether that’s a reduction of 32 coins.
Of course some say the website data is fabricated, and publishing false data isn’t illegal, but MSTR has stated in SEC filings that the website data is one fair disclosure channel. Nonetheless MSTR isn’t required to update daily; weekly updates are reasonable.
However just now @saylor seemingly announced another Bitcoin purchase; if so, the total BTC holdings will be disclosed on Monday.
2. Some may still think MSTR could be falsifying; that’s fine— even if MSTR or Michael isn’t truthful and hasn’t updated the real data on the site, it’s already June and the earnings report will be prepared by month‑end.
The probability of earnings‑report falsification is extremely low, so within at most another month we can determine whether MSTR truly sold Bitcoin.
Additionally, regardless of whether MSTR sold Bitcoin, as long as it’s properly announced, it isn’t considered market manipulation and won’t trigger SEC investigation. Allegations that related parties shorted via leverage require evidence; with evidence it’s straightforward, without it it’s useless.
I have a question: if last week MicroStrategy dumped 45,000 Bitcoin and related parties profited by leveraging short positions
Would the SEC investigate? Would market manipulation lead to prison? @grok
Did Bitcoin dip? Historical signal lit up! https://t.co/In8l2yWXCn @YouTube via https://t.co/JC3QsGc1jG
Bitcoin (BTC) is a digital asset and a payment system invented by Satoshi Nakamoto who published a related paper in 2008 and released it as open-source software in 2009. The system featured as peer-to-peer; users can transact directly without an intermediary. Transactions are verified by network nodes and recorded in a public distributed ledger called the blockchain. The ledger uses bitcoin as its unit of account. The system works without a central repository or single administrator, which has led the U.S. Treasury to categorize bitcoin as a decentralized virtual currency. Bitcoin is often called the first cryptocurrency, although prior systems existed. Bitcoin is more correctly described as the first decentralized digital currency. It is the largest of its kind in terms of total market value by now.