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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 isβ€”a store of value! SOURCE:Β CryptoBriefing
MicroStrategy buys another 1,070 BTC for $101 million
0 likes β€’ Jan '25
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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5points to level up
@luke-gilbert
Spiritual Director and Gallup-Certified Strengths Coach helping founders align their unique wiring with their calling. Husband, dad, coffee roaster.

Active 7h ago
Joined Dec 2, 2024
INFP
Kent, UK
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