MicroStrategy have been big buyers prior to and during the recent run up:
- Bitcoin Soars as Microstrategy Invests $155mn, halving a background fundamental too
- Bitcoin breaks the range to hit $53,000 for the first time since 2021
MicroStrategy splashed out nearly $822 million:
- added about 12,000 more bitcoin to its stash
- purchases between Feb. 26 and March 10, at an average of $68,477 per bitcoin
- bring MicroStrategy’s holdings to 205,000 bitcoin
BTC update, daily candles:
This article was written by Eamonn Sheridan at www.forexlive.com.