Is Bitcoin’s future being dictated by a few whales like Michael Saylor?

Every time Michael Saylor decides to stack more Bitcoin, the market seems to roll out the red carpet for him. This week, MicroStrategy bought another $99.7 million worth of BTC, right after the Fed’s rate cut.

On one hand, it’s clearly bullish a major player with strong conviction brings credibility and pushes adoption forward. But on the other hand, I wonder if we’re getting close to a point where a few individuals and companies could start dictating Bitcoin’s trajectory.

Bitcoin was designed to be decentralized, but today, a few whales and corporate treasuries already hold massive reserves. And I remember the market’s reaction when the government decided to sell their BTC.

What do you think: are we seeing healthy accumulation, or a concentration of power that could reshape Bitcoin’s future?