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If BTC fluctuates below 60,000 for a period of time, the logic behind micro-strategy financing to buy coins will be proven false.
Back then, Grayscale basically only bought and never sold. Now they've almost sold out. I personally think that as long as the money raised from financing is used to buy cryptocurrencies, they will eventually sell them.
What would happen if MicroStrategy started selling tokens? I've seen many people starting to buy the dips, but it's actually not that expensive now; it's already down half from its peak.
However, I personally feel that the timing adjustment is not yet complete.
Wait a little longer
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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