๐ช Bitcoin: Why BlackRock and MicroStrategy Stay Calm During Dips ๐ช
๐ฅ Market Turbulence? No Problem for the Giants:
๐ฆ Unshaken Confidence: While small investors panic, financial giants like BlackRock, Fidelity, Grayscale, and MicroStrategy remain steadfast in their Bitcoin investments.
๐ผ MicroStrategyโs Bold Move: - Increased BTC holdings to 226,500 BTC.
Total acquisition cost: $8.3 billion.
Average purchase price: $36,821 per BTC.
๐ฐ BlackRock's Massive Holdings:
342,658 BTC valued at over $22.5 billion (as of July 31, 2024).
๐ Fidelityโs Strong Position:
Holding over 150,120 BTC.
๐จ Small Investors vs. Giants:
Fear & Greed Index plunges to 26/100
(โExtreme Fearโ) among smaller investors.
In contrast, institutional players view the dip as an opportunity.
๐ Long-Term Vision:
Major financial players like BlackRock and MicroStrategy treat Bitcoin as a store of value akin to gold, not just a speculative asset.
Their Message: BTC is a key part of their future investment strategy, reinforcing Bitcoinโs credibility on the global financial stage.
#Bitcoinโ #MicroStrategy" #BlackRock #InstitutionalInvestors #BTCโ
