Saylor’s Bitcoin stash will be very hard for anyone to match: Pomp
Analysis
Price Impact
HighMicrostrategy's continuous and massive accumulation of bitcoin, coupled with their stated intention to hold until at least 2065, removes a significant amount of btc from circulation. while otc purchases minimize immediate market impact, the long-term effect of such persistent demand and reduced supply is a strong bullish force.
Trustworthiness
HighAnthony pompliano (pomp) is a respected voice in the bitcoin community, and cointelegraph is a well-established crypto news outlet. the data cited from saylor tracker is also credible.
Price Direction
BullishThe consistent buying pressure from a major public company like microstrategy, with no intention of selling for decades, acts as a massive long-term demand sink. this 'hodl forever' strategy fundamentally reduces available supply and signals strong institutional confidence, pushing the price upward over time.
Time Effect
LongMicrostrategy's strategy is explicitly long-term, with holdings intended until 2065. their continuous accumulation provides sustained bullish pressure over an extended period.
Original Article:
Article Content:
Ciaran Lyons 2 minutes ago Saylor’s Bitcoin stash will be very hard for anyone to match: Pomp While it may be possible for a public company to catch up to Michael Saylor’s Strategy Bitcoin holdings, it is probably unlikely, Bitcoin entrepreneur Anthony Pompliano says. Listen 0:00 News COINTELEGRAPH IN YOUR SOCIAL FEED Michael Saylor’s Strategy has been buying so much Bitcoin for so long that it is unlikely any public company will be able to catch up, according to Bitcoin entrepreneur Anthony Pompliano. “Very hard to see that happening,” Pompliano said on The Pomp Podcast published to YouTube on Tuesday. Strategy holds 671,268 Bitcoin ( BTC ) out of the total 21 million supply, valued at about $58.61 billion at the time of publication, according to Saylor Tracker. Strategy announced Monday that it acquired 10,645 Bitcoin for $980.3 million, paying an average price of $92,098 per coin. “Is it possible? Absolutely. Is it likely? I don’t think so,” he said. Strategy holds around 3.2% of Bitcoin’s supply, which Pompliano said is “a big number, but it’s also a small number.” “It’s not like they own 10%,” he said. Strategy’s Bitcoin holdings have caused some concerns However, Pompliano said that there are certain things that public companies could do, such as “tap capital markets,” but said that Saylor’s initial Bitcoin purchase in 2020 totaled around $500 million, when Bitcoin was trading between $9,000 and $10,000. Strategy’s Bitcoin holdings is worth $58.16 billion at the time of publication. Source: Saylor Tracker That purchase alone is now worth over $4.8 billion as Bitcoin is now trading at $87,578. “So if you have 9X or 10X the amount of money for every purchase that they made, you gotta raise hundreds of billions of dollars, or you got the greatest business in the world that’s throwing hundreds of billions of dollars,” he said. Strategy unlikely to sell Bitcoin until 2065: CEO Pompliano also addressed concerns around Strategy’s growing share of Bitcoin holdings, explaining that some observers worry about the company’s potential ability to influence the price of the asset. However, Strategy CEO Phong Lee recently told CNBC that the company probably won’t sell any Bitcoin until at least 2065. Meanwhile, Saylor has often said in X posts that he is “going to be buying the top forever.” Related: Crypto ETPs to enter ‘cheesecake factory’ era in 2026: Bitwise Many market participants view Strategy’s Bitcoin purchases as a bullish signal for Bitcoin’s price. However, the company executes its significant purchases through over-the-counter (OTC) desks, which are designed to absorb large flows without impacting the market. Magazine: Big questions: Would Bitcoin survive a 10-year power outage? # Bitcoin # Cryptocurrencies # Bitcoin Price # Adoption Add reaction