How many BTC do you think they will have to buy for the fund? Saylor owns 130,000 BTC so I'm guessing this fund will need significantly more than that.
Also where do they buy the bitcoin from? Do they have to go to coinbase and buy it like the rest of us?
There is 1,800,000 BTC currently on all the exchanges combined. But not all of that is up for sale.
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