MicroStrategy, one of the largest cryptocurrency whales, is taking brave steps despite high prices and increasing volatility. Recently, Saylor signaled a new purchase, with an announcement expected soon. As this article was being prepared, Saylor delivered the good news.
Latest Bitcoin Developments
MicroStrategy’s purchases have consistently led to short-term dips in Bitcoin’s price. However, we are not witnessing a significant decline at the moment, and typically, with the U.S. markets expected to open positively in about 1.5 hours, an increase in BTC ($103,662.00) prices is anticipated. In January, Michael Saylor’s company acquired an additional 11,000 BTC, bringing its total holdings to 461,000 BTC.
Considering the maximum supply of 21 million, this massive reserve of nearly half a million BTC is quite impressive. Saylor wrote;
“MicroStrategy purchased 11,000 BTC for approximately 1.1 billion do...
24h Most Popular
Utilities