RE: The Evolution Of The Cryptocurrency Industry

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Yes, these are just the tip of the iceberg. I would have to imagine there will be a LOT more in the coming months. Remember, it took Michael Saylor around 8 months to jump through all the legal, accounting, and regulatory hoops in order for his company to buy in. We are just over a month removed from his "executive" conference so even if he convinced 1000 companies to get involved, we probably couldn't expect to see the fruits of that labor for at least another couple months. He said he was giving everyone his "playbook" on what they needed to do but I can't imagine these company bureaucracies could move much faster than 90 days.

Also, none of them are going to tip their hands before acquiring what they want to acquire. I'm sure there are already companies out there buying right now but we won't hear anything until they actually finish accumulating their positions. So, while it wouldn't surprise me to see another "name" or two enter in the next couple months, I think the real announcements won't start coming until late spring/summer. Just my opinion. But it IS coming.

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Also, none of them are going to tip their hands before acquiring what they want to acquire

No doubt. Tesla announced that they had bought $1.5 billion in Bitcoin. They did it the month previous to the announcement. They didnt let it be known as it was happening.

I agree there are likely dozens of other companies, if Saylor was preaching to 1,000 of them, that are active in buying. They all might not be household names either. A lot of companies have some bucks yet are not on the tip of people's tongue.

Either way, we can expect this process to likely continue through the rest of the year.

Oh there is also the exposure many companies are getting through GBTC. A lot are simply opting to buy on that end.

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