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r/investingr/investing· u/DrFriday1000· 6d ago 1

Has Microstratergy's BTC holdings become pretty much illiquid?

Investor summaryBearish

Questions MSTR's liquidity due to massive BTC holdings, implying potential structural risks for shareholders.

Bear points
  • MicroStrategy's balance sheet is heavily concentrated in Bitcoin, limiting operational liquidity.
  • Large BTC holdings may be difficult to liquidate quickly without significantly impacting market price.
  • The company functions more as a leveraged Bitcoin proxy than a traditional software business, increasing volatility risk.
MSTRBTC-USD比特币代理
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Discussion · top comments31 selected
u/finley2300 20· 4d ago

Saylor is a moron.

u/tranimal21 12· 3d ago

If he accumulates all the bitcoins in the world, it becomes worthless. If he tries to liquidates the entire holding, it goes into a free fall… He’s just day trading bitcoins now with other people’s money now.

u/lovingduckbutter 1· 3d ago

You have no idea what his long term plan is. Do some research.

u/Schwingzilla 18· 3d ago

"Just read the whitepaper bro."

Or maybe he's just running a scam.

u/harpswtf 5· 3d ago

Why wouldn't you just say what you know his long term plan is if it's such a great idea and so clear? The only reason you'd post it this way is if the long term plan is not stated, ridiculous, or extremely vague.

u/SonofaCuntLicknBitch 3· 3d ago

His long term plan is to centralize more Bitcoin, then probably hand it over to wall street.

His intentions are good for nobody

u/lovingduckbutter 1· 3d ago

You didn't even look.

u/InjuryIndependent287 11· 4d ago

Not how it works.

u/TheConvincingSavant 9· 2d ago

The market didn't tank because 32 BTC were sold.

u/Over-Celebration-168 6· 4d ago

You are joking right, thats not how it works and Michael will look even dumber try to do that.

u/francesco_angiolieri 6· 3d ago

What Saylor has done with bitcoin, using loans and other people's money to accumulate a huge supply of a single asset in an attempt to inflate its price, it's called "cornering the market".

Historically, these attempts almost always end badly for the reasons you listed

u/Shift_Tex 4· 2d ago

Cornering the market with <5% of the supply? Lol

u/francesco_angiolieri 1· 2d ago

Well, it's a pretty illiquid market.

He sold just 32 Bitcoins and tanked the price by almost 10.000 dollars

u/twobadkidsin412 1· 1d ago

Not because he sold 32 bitcoin... look at the daily volume. The market panicked because he said he would never sell. Also the market has been a mess due to Iran war, oil, inflation, etc.

u/Father_of_Lies666 6· 4d ago

The market cant absorb shit.

That’s why a little bit of selling tanks it by 10-15%

u/ThreeTonChonker 1· 2d ago

You are absolutely clueless, I love it

u/Father_of_Lies666 3· 2d ago

Found the crypto bro who doesn’t see it’s a Ponzi scheme

u/ThreeTonChonker 1· 2d ago

Uh huh describe all the other Ponzi schemes that have global adoption, including by governments. Moron.

u/SonofaCuntLicknBitch 1· 3d ago

Likelyhood is that sell off was caused by A LOT of selling by institutions to gain some liquidity for the upcoming scam IPOs.

u/Pure-Fuel-9884 1· 3d ago

Are you fucking regarded mate? Market did not tank because they sold 32 btc lmao. 32 btc wouldn't move the price one cent. German government MARKET SOLD 50k btc a couple years ago, bitcoin made a new ath shortly after.

u/Seccour 3· 2d ago

I mean, he can’t dump everything is one shot obviously (also not his goal). The main issue is that he seen as the only biggest buyer of BTC. Which is not a very good look

u/This_will_end_badly 1· 3d ago

That's not how it works. How do you sell btc to a private buyer without the market seeing it on the Blockchain. I suppose that you can "sell" the wallet which would mean telling the buyer the seed phrase and then pinky swearing to forget it.

u/ThreeTonChonker 1· 3d ago

MicroStrategy literally just bought BTC.

https://www.msn.com/en-us/money/general/microstrategy-is-buying-the-bitcoin-dip-why-investors-are-turning-course-and-suddenly-rewarding-mstr-stock/ar-AA25dJrR

This sub is so hilariously awful.

u/DrFriday1000 1· 3d ago

Well 800k btc is almost 50bil usd, and big institutions don't really buy into crypto much, and much of crypto is all hype, so even if parts of it get sold to a private buyer, after the transaction is made public, it would tank hard, as Saylor offloading any significant holdings would crash the price, and the institution that would have bought it, would suffer from tanked prices on their newly acquired massive btc holdings, I don't think many institutions want this.

u/weinerjuicer 1· 2d ago

haha what does it go down to if he sells half that? below 10k? below 1k?

u/Pure-Fuel-9884 1· 2d ago

It was way higher than 10k before he started hoarding. Its astounding people are this dumb in an investment sub tbh.

u/weinerjuicer 1· 2d ago

way higher? you don’t think many folks who were long at 11.5k or whatever cash out on the way down? do you think the portion of long exposure that is held in leveraged accounts and products has increased or decreased? is there a price where the dividend stream becomes attractive 🤡?

u/elephantshuze 1· 1d ago

The ponzi scheme crashes