RE: Muscles1222 Sep 2020 16:24
Bigger and bigger players joining the foray every day:
Microstrategy CEO Michael Saylor explained on Friday:
To acquire 16,796 BTC (disclosed 9/14/20), we traded continuously 74 hours, executing 88,617 trades ~0.19 BTC each 3 seconds. ~$39,414 in BTC per minute, but at all times we were ready to purchase $30-50 million in a few seconds if we got lucky with a 1-2% downward spike.