The Pomp Letter

The Pomp Letter

Does Microstrategy Own Too Much Bitcoin?

Anthony Pompliano
Dec 10, 2024
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To investors,

Microstrategy announced yesterday they now hold a total of 423,650 bitcoin. This means the public company controls more than 2% of all bitcoin that will ever be in circulation.

Microstrategy has spent over $25 billion acquiring the bitcoin and the average purchase price is just north of $60,000 per coin.

But bitcoin is supposed to be a dece…

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