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MicroStrategy's Consistent Bitcoin Buyups Spark Concerns in Crypto Community

June 28 (Cointime) - MicroStrategy, the world's largest Wall Street Bitcoin holder, has purchased another $340 million worth of Bitcoin, bringing their total holding to 152,333 Bitcoin. Some members of the crypto community are concerned about MicroStrategy's plan for acquiring and holding BTC, with speculation about when they will sell off their holdings.

However, experts have clarified that no individual can control the network, regardless of their BTC holdings, and there may be larger positions from nation-states in the future. Some have also raised questions about MicroStrategy's fiduciary duty to shareholders and the possibility of selling BTC to pay off loans.

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