MicroStrategy buys $243m Bitcoin, ups holdings to 450k coins

The dotcom-era software company MicroStrategy has purchased Bitcoin for the 10th consecutive week, reinforcing its position as the world’s top corporate BTC holder. MicroStrategy bought an additional 2,530 Bitcoin (BTC), spending approximately $243 million on its latest acquisition, according to executive chairman Michael Saylor. The purchase marks the company’s 10th straight weekly buy, signaling no […]
MicroStrategy buys Bitcoin dip, holdings surpass 450K BTC
Global crypto hedge funds have also been buying the dip, signaling a potential Bitcoin “supply shock” as BTC exchange reserves sink to levels last seen in 2018. Source link