Tate

Bitcoin

Daddy Tate

Hyperliquid

BlackRock

<a href="https://www.thestreet.com/crypto/markets/andrew-tate-gets-hyperliquidated-as-bitcoin-crash-wipes-entire-balance" rel="noopener noreferrer nofollow">Andrew Tate</a>, the former kickboxing champion and controversial online personality, just can't keep himself out of the world of crypto trading.
Tate, who suffered a complete <a href="https://www.thestreet.com/crypto/markets/andrew-tate-gets-hyperliquidated-as-bitcoin-crash-wipes-entire-balance" rel="noopener noreferrer nofollow">wipeout</a>&nbsp;of his entire trading balance on the crypto derivatives exchange Hyperliquid last month, is not new to digital assets.
<a href="https://www.thestreet.com/crypto/andrew-tate-bitcoin" rel="noopener noreferrer nofollow">Related: Andrew Tate predicts Bitcoin will crash to $26K before its biggest move</a>
The controversial personality who gained notoriety over&nbsp;the charges of rape and human trafficking in Europe has often promoted cryptocurrencies to a large number of followers on social media.
He has launched and promoted meme coins such as Daddy Tate (DADDY), Roost (ROOST), Germany Token (GER), and F*ck Tristan (FTRISTAN), which later collapsed amid allegations of&nbsp;insider trading.
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 Andrew Tate is pictured inside The Court of Appeal in Bucharest, Romania, on December 10, 2024.
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<h2 id="andrew-tate-puzzled-by-massive-microstrategy-purchase-not-impacting-btc-price">Andrew Tate puzzled by massive MicroStrategy purchase not impacting BTC price</h2>
Recently, Tate <a href="https://x.com/Cobratate/status/1998180703637491969" rel="noopener noreferrer nofollow">questioned</a> how <a href="https://www.thestreet.com/crypto/trading/michael-saylors-microstrategy-moves-billions-in-bitcoin" rel="noopener noreferrer nofollow">Michael Saylor's MicroStrategy</a> (Nasdaq: MSTR), later rebranded to Strategy, bought&nbsp;10,000 <a href="https://www.thestreet.com/crypto/bitcoin" rel="noopener noreferrer nofollow">Bitcoin</a> (BTC) "ina (sic) single day" and the move didn't affect the king coin's price at all.
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 "Explain that to me."
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Strategy, the largest public company holding Bitcoin, <a href="https://assets.contentstack.io/v3/assets/bltf8d808d9b8cebd37/bltccd0f74978e08d27/69364a5cf27a3818eaf5806b/form-8-k_12-08-2025.pdf" rel="noopener noreferrer nofollow">acquired</a>&nbsp;10,624 BTC for $962.7 million over the last week. The company's total Bitcoin holdings stood at 660,624 coins worth $60 billion at the time of writing.
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 Michael Saylor, chairman and chief executive officer at MicroStrategy, during an interview at the Bitcoin 2023 conference in Miami Beach, Florida, US
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Though Strategy is a massive Bitcoin whale, even a massive purchase, despite the crypto market pullback&nbsp;and the relentless <a href="https://www.thestreet.com/crypto/markets/jpmorgan-warns-of-microstrategy-delisting-risk-from-major-equity-indices" rel="noopener noreferrer nofollow">criticism</a> of the company, couldn't move BTC's price up.
<h3 id="more-news">More News:</h3>
<ul>
 <li><a href="https://www.thestreet.com/crypto/markets/andrew-tate-gets-hyperliquidated-as-bitcoin-crash-wipes-entire-balance" rel="noopener noreferrer nofollow">Andrew Tate gets ‘hyperliquidated’ as Bitcoin crash wipes out his entire balance</a></li>
 <li><a href="https://www.thestreet.com/crypto/markets/michael-saylor-responds-to-jpmorgans-msci-delisting-warning" rel="noopener noreferrer nofollow">Michael Saylor responds to JPMorgan’s MSCI delisting warning</a></li>
 <li><a href="https://www.thestreet.com/crypto/markets/wall-street-blackrock-dump-microstrategy-shares" rel="noopener noreferrer nofollow">Wall Street giants including BlackRock dump MicroStrategy shares</a></li>
</ul>
<h2 id="crypto-experts-weigh-in-on-tate-s-query">Crypto experts weigh in on Tate's query</h2>
Binance co-founder&nbsp;Changpeng Zhao "CZ" <a href="https://x.com/cz_binance/status/1998371271273570309" rel="noopener noreferrer nofollow">explained</a> that a company buying 1/2000 of the market cap doesn't cause waves.
<blockquote class="twitter-tweet">
 Buying 1/2000th of the market cap usually do not cause much waves. Btc is liquid. 🤷‍♂️— CZ 🔶 BNB (@cz_binance) <a href="https://twitter.com/cz_binance/status/1998371271273570309?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">December 9, 2025</a>
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AcropolisBTC CEO and Strategy shareholder Chase Palmieri <a href="https://x.com/chasepalmieri/status/1998360803788091430" rel="noopener noreferrer nofollow">explained</a> that the company bought Bitcoin using&nbsp;algorithms designed not to impact price. Strategy acquired the latest stack over a week, not in a day; it only announced the decision one day, he underlined.
<blockquote class="twitter-tweet">
 Bought over a week with algorithms designed not to impact price, announced in a day.— Chase Palmieri (@chasepalmieri) <a href="https://twitter.com/chasepalmieri/status/1998360803788091430?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">December 9, 2025</a>
</blockquote>
Crypto analyst Quinten Francois <a href="https://x.com/QuintenFrancois/status/1998268665360261424" rel="noopener noreferrer nofollow">explained in a long post</a> that large companies like Strategy buy Bitcoin over the counter (OTC), not over crypto trading exchanges.
<blockquote class="twitter-tweet">
 Most people do not understand how OTC desks allow institutions to accumulate Bitcoin without moving the chart. Here is how it actually works. OTC desks match buyers and sellers off exchange. If a fund wants 5,000 BTC, the desk starts hunting for miners, early whales, VCs, market…— Quinten | 048.eth (@QuintenFrancois) <a href="https://twitter.com/QuintenFrancois/status/1998268665360261424?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">December 9, 2025</a>
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OTC desks&nbsp;match massive Bitcoin buyers like Strategy with sellers lying off the exchanges, such as&nbsp;miners, early whales, other corporate digital asset treasuries, VCs, market makers,&nbsp;private liquidity,&nbsp;and distressed holders, he expanded.
<blockquote>
 "All of this happens quietly behind closed doors...&nbsp;None of that goes through the order books, so the chart never reacts."
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For instance, an order for 5,000 BTC can take weeks as the OTC desk accumulates coins piece by piece over time and then sells the supply to the buyer, he added.&nbsp;This avoids any visible price spike, he explained.
<a href="https://www.thestreet.com/crypto/markets/andrew-tate-blew-every-trump-token-trade-lost-nearly-1m" rel="noopener noreferrer nofollow">Related: Andrew Tate blew every Trump-linked token trade, lost nearly $1M</a>

Andrew Tate questions after MicroStrategy fails to move Bitcoin

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