We are through the meat of tech earning's season and no big bitcoin buys, yet

What do you do when you have piles of cash and no way to easily grow you already massive business?

You either buy bitcoin or you back back stock.

So far, we are seeing the biggest of the big boys, mostly choose the later...

(Source: https://twitter.com/WClementeIII/status/1387511837801992192)

While this isn't that surprising considering...

It's a little disappointing that we haven't seen a little more buyin from the biggest of the bigs in tech.

To me buying back stock and putting 1% into bitcoin makes a lot of sense.

When companies resort to buying back stock it's like they've given up trying to grow.

They can't really sell that stock again, well I guess they could, but the market wouldn't like it.

TSLA for example bought bitcoin and then sold 10% and made over 100% returns on it, and the market certainly didn't hate that...

Oh well, I wouldn't be too upset if bitcoin took off and forced all these guys to buy in at much higher prices, like $100k or $200k for example.

And by force, I mean their shareholders demanding it...