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MicroStrategy Posts Q1 Profit, Reaffirms Commitment to Bitcoin Investment Strategy
MicroStrategy, a business intelligence platform, has reported a profit of $94 million in the first quarter of 2023, marking its first quarterly...
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25 percent of all bitcoin currently in circulation is approximately 4.5 million bitcoin.
Dadiani Syndicates is a crypto broker and a platform described as a P2P network where wealthy people can trade large amounts of cryptocurrencies.
Now, a wealthy client has contacted the company in order to be able to buy 25 percent of all bitcoin in the market, Forbes reports.
“One of our clients approached us and said they were interested in acquiring 25 percent of all bitcoin currently available. There are a number of entities who want to dominate the market”, says the company’s founder Eleesa Dadiani to Forbes.
25 percent of all bitcoin currently in circulation, including those that might be permanently lost, is about 4.5 million bitcoin. This is worth around $38 billion.
According to Dadiani, however, it will be difficult to succeed in buying that much, but she and her company have nevertheless been instructed to come “as close to 25 percent as possible”, Forbes reports.
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