๐ฅ NOW: Coinbase CEO Confirms Continued Weekly Bitcoin Purchases!
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๐ฃ๏ธ Brian Armstrong โ CEO of Coinbase:
"We are buying more Bitcoin every week... Long #Bitcoin"
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๐ What does this mean?
โ These statements confirm that Coinbase is not just a trading platform, but an active investor in Bitcoin
โ The continued weekly purchases reflect a long-term vision and institutional confidence in the asset's growth
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๐ก Why does this matter?
โ Coinbase is considered one of the largest players in the US market, and its actions influence the overall sentiment of investors
โ Its approach to regularly buying Bitcoin reinforces the idea that institutions are adopting a dollar-cost averaging (DCA) policy
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๐ Do you think the entry of platforms as investment players will raise the expectations for Bitcoin's price?
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