Anthony Pompliano believes it is very difficult for any company to catch up with the amount of Bitcoin that Michael Saylor (Strategy) is holding.
Currently, Strategy owns approximately 671,000 BTC, accounting for 3.2% of the total Bitcoin supply. The reason it's hard to catch up is because Strategy bought Bitcoin very early, when the price was around $9,000-$10,000. Those purchases have now increased in value many times over.
To keep up with Strategy, another company would have to raise hundreds of billions of USD, which is nearly impossible. Additionally, Strategy has stated that it will not sell any Bitcoin before 2065, and large purchases are made OTC, so they have little impact on the market price. #GateLaunchpadKDK
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Anthony Pompliano believes it is very difficult for any company to catch up with the amount of Bitcoin that Michael Saylor (Strategy) is holding.
Currently, Strategy owns approximately 671,000 BTC, accounting for 3.2% of the total Bitcoin supply. The reason it's hard to catch up is because Strategy bought Bitcoin very early, when the price was around $9,000-$10,000. Those purchases have now increased in value many times over.
To keep up with Strategy, another company would have to raise hundreds of billions of USD, which is nearly impossible. Additionally, Strategy has stated that it will not sell any Bitcoin before 2065, and large purchases are made OTC, so they have little impact on the market price.
#GateLaunchpadKDK