Peter Thiel BUYING BITCOIN?! WHO is the MYSTERY BITCOIN BUYER? Willy Woo BTC Price Prediction 2021

Peter Thiel BUYING BITCOIN?! WHO is the MYSTERY MASSIVE BITCOIN BUYER? | Willy Woo LATEST Bitcoin Price Prediction 2021 Ft. Elon Musk

Who is Buying Bitcoin? In his latest interview, one of the leading on-chain Bitcoin analysts, Willy Woo, identified two MASSIVE Bitcoin purchases that have taken place in the last two months.

These purchases were both around Billion dollar purchases and it has not yet been revealed who or what institution has acquired such a large sum of Bitcoin.

The obvious answer you would first jump to is that it was Michael Saylor acquiring more Bitcoin in his latest purchase, however it was revealed on August 24th it was not, as Saylor only acquired $177 Million dollars worth of Bitcoin.

So who are the culprits behind these massive Bitcoin purchases? Which institutions have joined the Bitcoin race?

First up, here is Willy Woo in his latest interview done yesterday, speaking on finding these Bitcoin purchases on-chain.

This first culprit I believe it was Peter Thiel and his company Palantir Technologies.

For those that don’t know Peter Thiel and Palantir, it is a US based data analytics company who are on the cutting edge of innovation and are worth $50 Billion dollars.

Why I think Palantir has acquired Bitcoin to their balance sheet is first of all, they have $2.3 Billion dollars in cash currently on their balance sheet and they recently made the move to start to acquire Gold as a hedge against inflation. Palantir also currently accepts Bitcoin as payment so it would be logical they are looking to add Bitcoin as an asset.

As for the second purchase, I believe it is Elon Musk, and Tesla. Recently, back at the B-Word conference, Elon Musk confirmed that he was looking to resume Bitcoin payments for Tesla and also that he was fed up with Tesla bleeding money in Europe via their negative interest rates.
TIMESTAMPS:

0:00 Who is buying Bitcoin? (Billion dollar purchases!)
1:12 BILLION Dollar Purchases (On-Chain Analysis)
2:56 Is Peter Thiel the first Buyer? (Palantir)
4:04 Who I think the second purchase was...
4:54 Willy Woo Bitcoin Price Prediction (Top-cap model)
8:20 Why this is the LAST Bitcoin Cycle... (Willy Woo)