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Cryptorank

Strategy Spends $450 Million to Acquire Additional 4,048 BTC


by Jordan Lyanchev
for CryptoPotato
Strategy Spends $450 Million to Acquire Additional 4,048 BTC

Michael Saylor’s business intelligence giant has resumed its bitcoin accumulation spree by spending just under $450 million to acquire 4,048 BTC at an average price of $110,981.

The company’s gigantic stash has risen to 636,505 BTC. The firm has spent almost $47 billion to build its holdings, which are now worth roughly $70 billion, given bitcoin’s price of just under $110,000.

Read the article at CryptoPotato

Read More

BTC Price Warning Sign? Bitcoin Whales Start Selling Before Fed Cuts

BTC Price Warning Sign? Bitcoin Whales Start Selling Before Fed Cuts

Bitcoin whales are reducing holdings as the Fed prepares to cut rates, while BTC brea...
Bitcoin Recovery in Sight? Fear & Greed Index Signals Cautious Optimism

Bitcoin Recovery in Sight? Fear & Greed Index Signals Cautious Optimism

The Fear & Greed Index shifting toward neutral suggests BTC's sharp pullback may be e...

Strategy Spends $450 Million to Acquire Additional 4,048 BTC


by Jordan Lyanchev
for CryptoPotato
Strategy Spends $450 Million to Acquire Additional 4,048 BTC

Michael Saylor’s business intelligence giant has resumed its bitcoin accumulation spree by spending just under $450 million to acquire 4,048 BTC at an average price of $110,981.

The company’s gigantic stash has risen to 636,505 BTC. The firm has spent almost $47 billion to build its holdings, which are now worth roughly $70 billion, given bitcoin’s price of just under $110,000.

Read the article at CryptoPotato

Read More

BTC Price Warning Sign? Bitcoin Whales Start Selling Before Fed Cuts

BTC Price Warning Sign? Bitcoin Whales Start Selling Before Fed Cuts

Bitcoin whales are reducing holdings as the Fed prepares to cut rates, while BTC brea...
Bitcoin Recovery in Sight? Fear & Greed Index Signals Cautious Optimism

Bitcoin Recovery in Sight? Fear & Greed Index Signals Cautious Optimism

The Fear & Greed Index shifting toward neutral suggests BTC's sharp pullback may be e...