That's already happened numerous times. Minors are only gonna mine if they deem it's profitable to sell the bitcoin they've mined. It's kinda a self fulfilling prophecy in that way.
The spastics on social media don’t agree and are under the illusion that miners use mostly free energy and therefore won’t sell because there are no costs. The fuckwittery is getting to biblical levels.
Although something interesting is the decoupling of hash rate and price. usually price goes up and we see hash rate go up. Today we have hash rate at new ATH but price is -40% 🤔
Microstrategy also posted earnings…… let’s be real, he had board permission to source credit and is fine. They know full well he was going all out and there would have been an agreed sell strategy at certain price points along with a plan to drip feed selling BTC to service debt. All he needs to do is service debt.
124, 391 BTC @ $30,159 blended price. The guy is sitting comfortably for now and 30k is perfectly fine.