Jul 29, 2026 11:35 AM
MicroStrategy owns 4% of all Bitcoin but is currently sitting on billions in paper losses. Even more telling, the world’s biggest BTC bull hasn't bought a single coin in five weeks, choosing instead to stockpile $3.75 billion in cash while insiders dump shares ahead of earnings. If the ultimate "Bitcoin treasury" is hoarding dollars instead of sats, is the conviction finally cracking? Or is this just smart risk management? What’s your take?
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