The crypto world's buzzing today because Bitcoin, Ethereum, and a bunch of other altcoins are shooting up in value. Everyone's trying to figure out why.
Well, one big reason behind this surge is MicroStrategy, led by its boss Michael Saylor, gobbling up Bitcoin like it's going out of style. They just dropped another $155 million on Bitcoin, pushing their stash to a whopping 193,000.
Saylor's been playing his cards right, especially with the Bitcoin halving on the horizon and more spot Bitcoin ETFs piling in. MicroStrategy's been grabbing up nearly 3,000 Bitcoins at around $51,813 each, according to filings with the SEC. That's got folks feeling confident about where the market's heading.
Let's not forget that the iShares Bitcoin Trust (IBIT) from BlackRock (BLK) now holds more than $1 billion worth of bitcoin.
Do you think BTC will hit that 100k that everyone is waiting for❔
Food for thought. Do your homework. ✅
‼️ Nothing you read here is a financial advice, please DO your OWN Research.
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