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Sounds like business as usual, other than it being bitcoin.

I don't think that Elon Musk bought bitcoin personally, but of course I could have missed it. Do you have a source for this claim?

I suspect the previous poster was referring to MSTR, whose CEO appears to have done just that.

This is what analysts and institutional investors appearing on TV have been doing.

Bitcoin is notca security, so at least SEC has nothing to say about it.

That’s also how stock buybacks work, and stocks in general.