Michael J. Saylor Unveils 3 Catalysts That Will Bring the Price of Bitcoin to $5M in the Future.
It's always interesting to hear the thoughts of MicroStrategy's founder.
If you liked reading this, feel free to click the ❤️ button on this issue so more people can discover it on Substack 🙏.
The Bitcoin price continues to move sideways in the $26K area, even though all indications are that Rektember is about to strike and push the Bitcoin price lower toward $20K.
Rather than wasting your time updating the Bitcoin price every 5 minutes to see if something's happening, it's better to listen to what's being said elsewhere and deepen your knowledge of Bitcoin.
Recently, I asked you to take a look back at the 5 addresses holding the most BTC. As Grayscale Bitcoin Trust scattered its Bitcoin over a large number of addresses never exceeding 1,000 BTC, it didn't make the list.
The importance of Grayscale being able to transform its trust into a Bitcoin Spot ETF is great, as I explained to you recently:
This Is the Reason Why the Fate of the Grayscale Bitcoin Trust Which Is in the Hands of the SEC Is of So Much Interest to the Markets.
Some wonder why the fate of the Grayscale Bitcoin Trust is so eagerly awaited in the Bitcoin world. The proof was in the pudding on August 29, 2023, when the price of Bitcoin rose by $2K in a matter of minutes following the announcement of Grayscale's victory over the SEC, which had unjustifiably refused to allow Grayscale to transform the Grayscale Bitc…
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