Software maker MicroStrategy, which is also the biggest Bitcoin investor among companies outside the financial sector, has now bought more BTC. But the recent investment leaves the crypto community divided.
In a recent tweet, MicroStrategy boss Michael Saylor announced that the company recently bought more Bitcoin. This brings the company’s BTC assets to 132,500 BTC, which has a buy value of $4.03 billion, but a market value of which is currently “only” $2.1 billion. While there was plenty of applause for the current purchase, there were also a few critical voices.
Michael Saylor, you are a rock star. Your mission Jim aka Michael Saylor, if you accept it, is to bank the unbanked across the world.
— The Young Gentleman (@YoungGentlaman) December 28, 2022
One member of the crypto community even calls the MicroStrategy boss a ‘rock star’ in the industry because of his beliefs, others see This in turn inspired him to invest in Bitcoin even during this tough time.
However, joy is not unmixed, so dreaded a representative of Twitter users that the new investment will further lower the price of Bitcoin.
Also between crypto analysts Willy Woo and Dan Held bursts a little discussion on the subject. Woo therefore thinks that Bitcoin investors shouldn’t really be happy about this, because the more BTC MicroStrategy buys, the greater the risk of centralization as the big company ultimately makes its decisions centrally. Instead, Woo argues that mainstream investment in society must be celebrated in order to maintain and increase decentralization.
hero answers again, that there is no risk of centralization because owning only bitcoins does not imply control of the network. At the same time, he points out that it is important that everyone can invest in BTC. In this way, individuals and companies could buy as many Bitcoins as they want according to their possibilities.