Microstrategy is an analytics company that buys bitcoin to pump bitcoin - they own something like 1% of the total supply.
Tether is a cryptocurrency that lets you do tax fraud by being pegged 1:1 to the US dollar, but can be exchanged in-kind for bitcoin so you don’t actually trigger a taxable event. It’s run by iFinex, a company that also runs the Bitfinex exchange. I’m not really sure that they actually have 120 billion in cash
I have no clue who actually runs these companies tho
Microstrategy is an analytics company that buys bitcoin to pump bitcoin - they own something like 1% of the total supply.
Tether is a cryptocurrency that lets you do tax fraud by being pegged 1:1 to the US dollar, but can be exchanged in-kind for bitcoin so you don’t actually trigger a taxable event. It’s run by iFinex, a company that also runs the Bitfinex exchange. I’m not really sure that they actually have 120 billion in cash
I have no clue who actually runs these companies tho