The Wind of Institutional Purchases Continues!
Strategy, led by Michael Saylor, created a significant wave in the crypto markets by purchasing 6,556 Bitcoin (BTC) last week.
After this purchase, Bitcoin is trying to hold above $93,900 today.
Saylor's purchase continues to instill confidence in Bitcoin prices.
-Strategy's total Bitcoin holdings reached 538,200 BTC.
-Average purchase price: Around $84,785.
-Bitcoin price today: $93,932.
-Saylor's move has increased institutional investors' interest in BTC.
Especially due to the Fed and trade war risks, investors have started to turn more towards Bitcoin as “digital gold”.
Is 1 Million BTC the Target?
Michael Saylor has repeatedly described Bitcoin as “absolute digital property”.
It seems that Strategy is not giving up on its long-term accumulation strategy.
Some analysts believe that Saylor's secret goal is 1 million BTC.
So, how do you think this giant accumulation will affect the future value of Bitcoin?
We look forward to your comments!
