Microstrategy just added 2,138 BTC to its stash 🎉, spending | Bitcoin.com on Binance Square

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Microstrategy just added 2,138 BTC to its stash 🎉, spending $209M at $97,837 per coin. Michael Saylor isn’t slowing down—446,400 BTC now under his belt! 📈  
- Total spent: $27.9 billion  
- Average price: $62,428 per BTC  
- YTD BTC yield: 74.1%

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🌍 According to Hippolyte Fofack, former chief economist at the African Export-Import Bank, many governments are promoting local currencies to capture the benefits of having an international currency. This shift, which U.S. President-elect Donald Trump 🇺🇸 has threatened to punish, is unrelated to Washington's strategic use of the dollar. The European Union 🇪🇺 serves as a model, with the euro becoming the second most important currency globally. In 2022, over half of EU imports and 59% of exports were invoiced in euros. Fofack believes the euro's success can guide Global South countries in reducing dollar dominance. De-dollarization also acts as a hedge against U.S. financial sanctions, which are expected to increase under Trump. Fofack insists that de-dollarization is already underway, citing the shift to nontraditional reserve currencies and cross-border use of national currencies. 💬 What are your thoughts on this shift towards local currencies? Share below! ⬇️

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