Just in a while back saw some news about Microsoft thinking to buying in BTC, well if they do buy in that will sure move the market even more, plus not to mention big bags like BlackRock already have accumulated a very high amount in BTC, what are your thoughts on this, it a good thing but I feel it's now becoming a race for which big company owns more BTC
They did not buy BTC as the vote was against it which is a big mistake for them IMO because they could have made 2x from the current position too, but they wanted to be more stable and did not want to invest in a coin that is highly volatile. I don't know why they got this idea from BTC. Even after the win of Trump and all those promises he made to support crypto, they still voted against this proposal of investing in BTC.
The market was so hyped at that time, as I was also keeping an eye on the market. I was excited because I thought it would pump from this point because they wouldn't vote against it, but they actually voted against the proposal totally unexpectedly and as expected BTC was dumped not for long.