How should we feel about this?

By LeftFooted | bitcoinea | 12 May 2025


Michael Saylor's Strategy has just acquired another 13,390 Bitcoin for $1.34 billion.


Strategy continues to buy BTC, almost on a weekly basis, and it currently holds 568,840, acquired at an average price of $69,287.


Technically, Strategy isn't the largest holder (aside from Satoshi) because for example there are crypto exchanges that also hold BTC on behalf of clients.

But the thing is, Strategy is becoming a huge player, which means it is centralising an asset that's supposed to be decentralised.


Not sure how I feel about that. How do you?

How do you rate this article?

12


LeftFooted
LeftFooted

I’m a left-footed duck that loves writing. I write about cars, watches, craft beer and, you’ve guessed it, crypto Also active on read.cash


bitcoinea
bitcoinea

Let’s talk crypto 💎💠

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.