Mike Alfred: Wall Street is trying to suppress BTC to put pressure on Strategy and other leveraged agents

DailyNews

2025-03-04 09:38:40

Golden Finance reported that Mike Alfred, founder and managing partner of Alpine Fox LP, tweeted that there are signs that large players on Wall Street are trying to suppress BTC to exert pressure on Strategy and other leveraged agents, which seems to be effective. If they can push the BTC price down to a low enough level, they will destroy the simple Capital Market mechanism these companies use to increase BTC. In this environment, generating new BTC organically at a much lower price than the market price is much better than using debt or equity to “profit” by buying BTC on the open market, and the market seems to be slowly realizing this trend.

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PEOPiLeSREPuBliC

· 2025-03-04 09:42

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