Saylor’s Bitcoin stash will be very hard for anyone to match: Pomp
Anthony Pompliano believes it is highly unlikely any public company can match Michael Saylor's accumulated Bitcoin holdings.Summary
Bitcoin entrepreneur Anthony Pompliano stated on The Pomp Podcast that it will be very difficult for any public company to catch up to Michael Saylor's long-term Bitcoin accumulation strategy. Strategy currently holds 671,268 Bitcoin, representing about 3.2% of the total supply. Pompliano noted that while possible, it is unlikely because matching Saylor's initial 2020 purchase—which was worth about $500 million when Bitcoin traded between $9,000 and $10,000—would now require raising hundreds of billions of dollars or having an exceptionally profitable business. Concerns about Strategy's influence on the asset price are somewhat mitigated by the CEO's statement that the company likely won't sell until at least 2065, and purchases are executed via OTC desks to minimize market impact.
(Source：Cointelegraph)