Terra LFG outdoes MicroStrategy with 5K BTC buy after Bitcoin price dips unde...
Price action is struggling, giving Terra and Do Kwon the perfect opportunity to "buy the dip." Terra, the Blockchain outfit using Bitcoin (BTC) to back its new US dollar stablecoin, has bought over 5,000 BTC.Wallet data confirms that on April 6, Terra added another 5,040 BTC to its balance, which now totals 35,768 BTC.Terra buys the dip... againThe move comes after a multi-day lull in buying activity by the Blockchain protocol.This week, co-founder Do Kwon nonetheless told Twitter followers that the scheme was "just getting started," while a mainstream media interview set out plans for....
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The Bitcoin market has been extremely volatile and leaning towards dips that left many traders and investors on panic mode. Companies like Tesla and MicroStrategy are experiencing the same dilemma with their Bitcoins suffering tragic lows. Suggested Reading | Madonna Gives Birth To Flora And Fauna In 1st Beeple NFT Project (That’s NSFW) MicroStrategy And […]
For those who can afford it, the recent dips in Bitcoin price have been nothing more than an opportunity to buy the digital asset at a discounted price. This has certainly been the case for El Salvador and now MicroStrategy, as both these entities have moved swiftly to take advantage of the price dip to increase their holdings. El Salvador had quickly snapped up another 100 BTC when the price had fallen to $54,000, with the president once again saying that the country got the coins at a discount. MicroStrategy, the publicly traded firm that holds the largest amount of bitcoin on its....
MicroStrategy has become a major player in the crypto realm since it began purchasing Bitcoin. Its holdings have seen it solidify its place as the public company with the largest bitcoin holdings in the world. A notable fact is that the company had bought a good chunk of its BTC during the bull rallies of 2021. So as the price of the digital asset has begun to decline, there have been speculations regarding whether MicroStrategy plans to begin dumping its BTC. MicroStrategy Will Not Sell BTC MicroStrategy recently appointed a new Chief Financial Officer, Andrew Kang, who so far looks to be....
Michael Saylor is anything but panicky as Bitcoin price weakness adds to MicroStrategy share price pressure. Bitcoin (BTC) megahodler MicroStrategy can ride out further BTC price declines, even if it falls to just $3,500, its CEO confirms.In a tweet on June 14, Michael Saylor sought to allay fears that his firm's BTC exposure may be about to cost it dearly.Saylor stays calm as MSTR dips furtherWith the largest corporate Bitcoin treasury, MicroStrategy has felt the pain of this year's BTC price declines — at least on paper.According to the monitoring resource Bitcoin Treasuries, the firm's....
The CEO of Microstrategy expects the price of bitcoin to reach $6 million, noting that it is “unstoppable” and will replace gold. The executive personally owns 17,732 bitcoins while his company is hodling 122,478 bitcoins.
Microstrategy’s CEO Expects Bitcoin to Hit $6 Million
Microstrategy CEO Michael Saylor talked about his bitcoin strategy and BTC price prediction in a recent interview with the Information, published this week.
Saylor revealed that he personally owns at least 17,732 bitcoins, which is the same amount he disclosed back in October....