I’ve been holding Bitcoin since 2020 and haven’t sold any sats. All my life savings, plus some margin borrowed at 6.25% through Robinhood, are invested in Bitcoin.
I have a question I can’t seem to figure out: Companies like MicroStrategy, which are heavily involved in Bitcoin, see their stock price move significantly with Bitcoin’s price appreciation. For example, when MicroStrategy buys Bitcoin, it drives up Bitcoin’s price, which then boosts their own stock price even more. Similarly, when Bitcoin has a strong day, week, or month, you see Coinbase and Robinhood’s market caps rise alongside it.
So why don’t more companies buy and hold Bitcoin on their balance sheets? Wouldn’t that increase Bitcoin’s price and, in turn, boost their own market caps?
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