“Bitcoin Sellers May Evaporate in 2021”

Bitcoin Touches $50K But Bulls Recovered $4,000 (Market Watch)

An interesting observation from Michael Saylor: Bitcoin miners may stop selling their mined BTC and use the loans leveraged against it instead, the way most businessmen do this. His tweet generated responses from mining farm owners confirming that that’s what they are in fact doing. One guy tweets: “I own 3 mining companies and that is already our path. Properly capitalized we don’t need to sell and can borrow against our Bitcoin if there are ever issues.”

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Written by epeakin

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