Microstrategy’s Bitcoin Purchase May Explain This Recent Pattern: Analyst

Microstrategy’s Bitcoin Purchase May Explain This Recent Pattern: Analyst

An analyst has pointed out how the latest Bitcoin purchase by Microstrategy could explain a pattern observed in this metric recently. Microstrategy’s Purchase Behind Recent Positive Coinbase Premium? Yesterday, Michael Saylor’s Microstrategy announced that it has acquired an additional 5,445 BTC at a cost of $147.3 million. In a post on X, Maartunn, the CryptoQuant […]


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XRP Price Prediction: Analyst Reveals ‘Worst Case Scenario’ With Head And Sho...

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From Crypto To Corporate: MicroStrategy’s $26 Billion Bitcoin Bet Outpaces IB...

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Legendary Analyst Peter Brandt Says Bitcoin Price Could Crash To $78,000, Her...

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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....