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MicroStrategy Announces New Bitcoin Buy, Now Holds Over 640,000 BTC


by Dimitar Dzhondzhorov
for CryptoPotato
MicroStrategy Announces New Bitcoin Buy, Now Holds Over 640,000 BTC

Strategy, a public company founded by Bitcoin proponent Michael Sayler, is the largest corporate holder of BTC in the world. It has a tradition of announcing crypto purchases each Monday, and today is no exception.

The firm revealed on its official X account that it has scooped up 196 BTC for approximately $22.1 million at an average price of $113,048 per coin. Thus, its total holdings increased to 640,031 BTC acquired for roughly $47.35 billion.

Read the article at CryptoPotato

Read More

Lull in Bitcoin Taker Buy Volume Sparks Fears of Imminent Price Reversal

Lull in Bitcoin Taker Buy Volume Sparks Fears of Imminent Price Reversal

Weakness in Taker Buy Volume warns investors that the next big move may favor bears.
Bitcoin Price Analysis: BTC Approaches Key Resistance on Path to New ATH

Bitcoin Price Analysis: BTC Approaches Key Resistance on Path to New ATH

Bitcoin has staged a strong recovery from its recent correction, rebounding sharply o...

MicroStrategy Announces New Bitcoin Buy, Now Holds Over 640,000 BTC


by Dimitar Dzhondzhorov
for CryptoPotato
MicroStrategy Announces New Bitcoin Buy, Now Holds Over 640,000 BTC

Strategy, a public company founded by Bitcoin proponent Michael Sayler, is the largest corporate holder of BTC in the world. It has a tradition of announcing crypto purchases each Monday, and today is no exception.

The firm revealed on its official X account that it has scooped up 196 BTC for approximately $22.1 million at an average price of $113,048 per coin. Thus, its total holdings increased to 640,031 BTC acquired for roughly $47.35 billion.

Read the article at CryptoPotato

Read More

Lull in Bitcoin Taker Buy Volume Sparks Fears of Imminent Price Reversal

Lull in Bitcoin Taker Buy Volume Sparks Fears of Imminent Price Reversal

Weakness in Taker Buy Volume warns investors that the next big move may favor bears.
Bitcoin Price Analysis: BTC Approaches Key Resistance on Path to New ATH

Bitcoin Price Analysis: BTC Approaches Key Resistance on Path to New ATH

Bitcoin has staged a strong recovery from its recent correction, rebounding sharply o...