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RE: MicroStrategy Continues To Buy More Bitcoin

in LeoFinance2 years ago

Selling 10% wouldn’t do anything really. Even selling all would hurt bitcoin in long term, maybe only short term price decline. However, the fact the decided to sell could cause panic and make others sell as well. That probably would create long bear market, similar to what happened in 2018 when MtGox trustee sold significant amounts of bitcoin and announced afterwards that they may sell more.