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Michael Saylor, the executive chairman of MicroStrategy, has once again demonstrated his unwavering commitment to Bitcoin by steering the company to purchase an additional 1,070 Bitcoin, adding $101 million to its cryptocurrency treasury. MicroStrategy's latest acquisition was announced in the early hours of January 6, 2025, PST. This move continues MicroStrategy's strategy of accumulating Bitcoin, reflecting Saylor's long-held belief in Bitcoin's potential as a superior store of value.
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Accumulation Over Time: Since August 2020, MicroStrategy has been actively buying Bitcoin, amassing a significant portion of the cryptocurrency's total supply. With this recent purchase, MicroStrategy now holds 447,470 BTC, a testament to its strategy of leveraging corporate funds into Bitcoin as a hedge against inflation and currency devaluation.
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Be careful with meme coins
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The problem behind $TON and the whole Blockchain Here is a detailed analysis
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Seems like Elon Musk is about add $DOGE on X payment and this could take Dogecoin back to its previous all time high of $0.73 According to a post by an X influencer, it says ā New code has just be shipped that reveals X payment will launch Without Approval from all 59 states Meaning x payment could launch today ā We all know Elon Musk as the Doge father š Elon has always been bullish on crypto and most especially, $DOGE š„ After buying x, we strongly believe that Elon will add Dogecoin as a method of payment on x, since Elon bought X, he has been acquiring money transmitter licenses in different states across the United States When this happens, the demand for Dogecoin will increase greatly and we will see some positive price increases on $DOGE $1 is almost here, hold your #DOGE
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