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MicroStrategy buys Bitcoin dip, holdings surpass 450K BTC
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MicroStrategy buys Bitcoin dip, holdings surpass 450K BTC

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MicroStrategy buys Bitcoin dip, holdings surpass 450K BTC
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MicroStrategy buys Bitcoin dip, holdings surpass 450K BTC

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Source: Coin Telegraph

Global crypto hedge funds have also been buying the dip, signaling a potential Bitcoin “supply shock” as BTC exchange reserves sink to levels last seen in 2018.

MicroStrategy’s Bitcoin holdings surpassed a milestone after the company bought the dip with a $243 million investment.

MicroStrategy’s holdings now exceed 450,000 Bitcoin (BTC), acquired for a total of $28.2 billion at an average price of $62,691.

MicroStrategy Bitcoin holdings, court filing, Jan. 13. Source: US Securities and Exchange Commission

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Author: Zoltan Vardai

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