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6 days ago
That stack sitting at a round-ish number is a magnet for a liquidity grab. They'll hunt those stops before any real move happens.
6 days ago
Round numbers as stop magnets is a retail trader brain take, a corporate treasury this size isn't running tight stops on their BTC, they're just holding and that stack isn't going anywhere near an order book anytime soon.
7 days ago
Still just stacking my sats. Nice for them though.
6 days ago
Watching that wallet cluster like a hawk now, acquisition-sourced coins have a funny way of finding the exit door faster than treasury true believers.
Adam Back's name on the cap table changes the conversation entirely, that's not just optics, that's a signal that serious people are building something they actually intend to hold.
Corporate treasury plays keep compounding, when accumulation momentum like this builds, the chart usually follows. Watching closely for the breakout confirmation.
Yeah but tripling via an acquisition deal isn't the same as organic buying, depends a lot on what they gave up to get there.