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MicroStrategy has acquired an additional 16,130 BTC for ~$593.3 million at an average price of $36,785 per Bitcoin #bitcoinupdates

MicroStrategy has acquired an additional 16,130 BTC for ~$593.3 million at an average price of $36,785 per Bitcoin

#bitcoinupdates

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PAY ATTENTION NOW: HERE IS THE REASON FOR THE RECENT CRYPTO CRASH Massive Crypto Crash: Why You Should Take Notice Immediately When funding and open interest are high, it often means that there are many leveraged positions in the market. Whales, or large holders of Bitcoin, might take advantage of this situation to trigger a price drop by selling off their holdings, leading to a cascade of liquidations among leveraged traders. Grayscale Bitcoin Trust (GBTC) is a popular investment vehicle for institutional investors to gain exposure to Bitcoin. When there's a significant outflow from Grayscale, it indicates a decrease in institutional demand, which can contribute to a drop in Bitcoin's price. Bitcoin has a history of experiencing price corrections before halving events. Halving, which occurs approximately every four years, reduces the rate at which new Bitcoin is created. This anticipation might lead some investors to sell off their holdings in anticipation of a price correction. In summary, the recent drop in Bitcoin's price can be attributed to a combination of factors including high leverage in the market, institutional outflows, and historical patterns related to halving events. It's essential for investors to understand these dynamics and exercise caution when trading cryptocurrencies. #BullorBear #BitcoinHalvingDrama
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$LANDSHARE is up by 4x since this call If you want me to share with you guys some of the tokens that will change your life hit the LIKE, and SHARE. Leave a comment
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Only two of these tokens are yet to do a 2x since January when I made the calls. I am updating this list soon, don’t miss it 🥳
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MicroStrategy has acquired an additional 9,245 BTC for ~$623.0M using proceeds from convertible notes & excess cash for ~$67,382 per #bitcoin . As of 3/18/24, $MSTR hodls 214,246 $BTC acquired for ~$7.53B at average price of $35,160 per bitcoin.
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