483 sats \ 1 reply \ @elvismercury 12 Dec 2023 \ on: AMA: Ask Murch Anything Vol. 2 bitcoin
There are groups with a significant financial investment in bitcoin -- MicroStrategy is probably the most important one, given the size of their stack, and their prominence in the broader world.
Aside from just buying bitcoin and siphoning up supply, how could a company like MSTR best spend money to grow the wealth of their bitcoin holdings?
I’d hope that they thoughtfully invest back into the ecosystem. When you hold enough bitcoins, you should recognize that contributing to development, education, and advocacy might have a greater payoff in wealth via what you already have than accumulating more instead.
I’m not intimately familiar with all they do, but I’ve seen some mention of education programs and advocacy for mining at least, so it seems to me that this is happening at least to some degree.
reply