Mike Alfred: Wall Street is trying to suppress Bitcoin in order to put pressure on Strategy and other leveraged agents

Mike Alfred, founder and managing partner of Alpine Fox LP, tweeted that some signs indicate that major Wall Street players are trying to suppress Bitcoin in order to put pressure on Strategy and other leveraged agents, which seems quite effective. If they can push the price of Bitcoin low enough, it will destroy the simple capital market mechanisms these companies use to increase Bitcoin. In this environment, organically generating new Bitcoins at far below market prices is much better than using debt or equity to buy Bitcoins on the open market for "returns". The market seems to be slowly realizing this trend.