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MicroStrategy buys another 1,070 BTC for $101 million
The purchase was made at an average price of approximately $94,000 per Bitcoin. The company currently holds 447,470 BTC, acquired at an average price of $62,503 per Bitcoin. Michael Saylor continues to solidify MicroStrategy's position as a major Bitcoin whale. As more companies invest in BTC, the stability of the asset can be expected to increase over the coming years, as the individuals behind these investments are less likely to sell off at a 2x or even a 5x return and instead view it for what it isโ€”a store of value! SOURCE:ย CryptoBriefing
MicroStrategy buys another 1,070 BTC for $101 million
0 likes โ€ข Jan 7
Do you think this is one of the major future stabilisation factors? What other factors do you see as equal impact to the future stabilisation?
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Luke Gilbert
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Joined Dec 2, 2024
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