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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.

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