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Bitwise Head: $3 Trillion Bitcoin Investment by MicroStrategy is Implausible

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MICROSTRATEGY,BITCOIN,INVESTMENT

Jeff Park, Head of Alpha Strategies at Bitwise Asset Management, casts doubt on the speculated $3 trillion Bitcoin investment by MicroStrategy. Park cites the enormous scale of the investment as unrealistic and highlights MicroStrategy's limited financial capacity.

Jeff Park, Head of Alpha Strategies at Bitwise Asset Management, provided reasons to be skeptical of speculation surrounding MicroStrategy's purported $3 trillion Bitcoin investment. Park argues that such a massive investment is implausible, given Bitcoin's current market capitalization is less than $2 trillion and MicroStrategy's own value is around $85 billion. He also acknowledged concerns from potential investors hesitant about MSTR due to Bitcoin's price volatility.

Park explained that MicroStrategy's significant Bitcoin holdings make its share value intrinsically linked to BTC. While he conceded that a Bitcoin crash would negatively impact MSTR, he emphasized that the company has multiple strategies to mitigate risks and maintain value. Park urged investors to avoid knee-jerk reactions to Bitcoin price fluctuations and adopt a more long-term perspective on MSTR

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Who Is Currently Dictating the Bitcoin Market? Van StratenSince September, MicroStrategy and U.S.-listed spot ETFs have accumulated approximately 200,000 bitcoin each.
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