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Is it good or bad that MicroStrategy now owns 140,000 Bitcoin?

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by COINS NEWS 127 Views

Earlier today it was reported that MicroStrategy now owns 140,000 Bitcoin, but is this a good thing or a bad thing? A lot of the crypto community embrace Michael Saylor’s support of Bitcoin, but how is this not centralisation? We all see how incredibly well this investment will pay off for MicroStrategy, but it’s already enough to cause significant market volatility, and I don’t see MicroStrategy ceasing further accumulation, which will only give them a greater ability to control the market.

So, is this a good thing or a bad thing?

submitted by /u/Jeffscrazy
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