Michael Saylor and big companies are buying millions or even billions of $BTC . But why isn’t Bitcoin pumping? 👀
It’s simple: they’re buying from people who already hold $BTC. For example, if I have 100 $BTC and sell, the price might drop if demand isn’t enough.
When companies like Saylor buy, they usually buy from existing holders at higher prices. Both sides agree on a fair rate, so there’s no huge dump, no big pump, and low volatility.
This is different from ETFs.