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Text within this block will maintain its original spacing when published“From the beginning of eternity, to the end of time and space. To the beginning of every end, and the end of every place. What am I?”Imagine for a moment, that every two weeks our good friend Michael Saylor automatically bid BTC, without fail. On the 14th & 28th of every month, there was MicroStrategy pulling up to Binance & FTX to bid the orange coin regardless of what price it was trading at. Could be $30k, $200k, $60k, $2k. Doesn’t matter. Saylor was showing up to bid.Now imagine that not only was Saylor bidding, but every one of his employees at MicroStrategy was doing the same. On the 14th & 28th of every month, each and every employee was pulling up to bid ~5-10% of their paycheck, regardless of price.Let’s take this one step further. Not only was MicroStrategy, a $2-3bn company doing this, but hundreds of other companies, many of them orders of magnitude larger than MSTR were acting exactly the same way. Eve...
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