Scott Parkinson reposted the post below

Andy Roth
@andyroth
Why is #bitcoin going up? Because @saylor is buying bitcoin and taking it off the market by putting it into cold storage. When you factor in the bitcoin purchases made by $SMLR, $MARA, and $RIOT, there has been 33,116 bitcoins removed from the market in just under a week. To put that in perspective, 450 bitcoin are mined each day. So these companies have removed 73 equivalent days of mined bitcoin from the market. That is bonkers. And this is just the start. Freedom is winning.
2024-12-16T18:58:29.000Z