Strategy founder Michael Seller says BitCoin has not yet reached 000 150,000 as holders are selling without long -term approach, while a new group of investors is entering the market.
“I think we’re going through a circulation right now,” Seller told Natalie Bronnell on May 9.
Bitcoin sold as a result of a lack of “10 -year -old investors”
“Many non -economically interested parties are roaming the asset,” said Seller. However, at the same time, “a new group of investors is entering.”
He added, “For any reason, a lot of bitcoin was left in the hands of governments and lawyers, and in the hands of bankruptcy followers.”
Seller said many of these trustees do not have a “10 -year -old investor’s mentality”, and since the price of BitCoin (BTC) began to rise, he benefited and “thought it was a good way to get a liquidity.”
“So I understand that for the long -term people have taken the opportunity to get out of the market and a whole new class of investors is entering through ETFS and Bitcoin Treasury companies.”
When Bitcoin reached his height on January 20, a few hours before US President Donald Trump’s presidential opening, it suffered a shortage on April 9, before showing signs of his recovery, and suffered a decrease of $ 76,273 on April 9.
On May 8, US President Donald Trump re -claimed for the first time, for the first time since February 1, after the proposal of prices, 000 100,000. Recent prices have increased the strategy’s bitcoin holdings by more than $ 68,569 to their average bitcoin purchases. According to the Siler Tracker Data, at the time of publication, the firm has 555,450 bit coin, worth about $ 57.23 billion.
Seller is surprised at the change of US government emotions
According to Persian data, Spot Bit Coin ETFS posted 4 564.7 in the last five trading days.
Meanwhile, Siler said it was not surprising that the US government had not yet purchased bitcoin for its strategic bitcoin reserve, which Trump had signed an executive order on March 7. The Reserve is conducting BitCoin, which was seized as part of a criminal or civilian conflict.
However, Seller did not expect his position to change so positively after the inauguration of Trump.
Related: Try to become BitCoin Treasury Company
He said, “I was surprised that the United States embraced BitCoin as much as it has been in the last six months, I think I did not expect that all the cabinet members would be as excited.”
Magazine: Chat GPTA ‘Schizophrenia’s Missile’, AI scientists developed for 50 % of the deaths: AI eye
