MicroStrategy has bought Bitcoin again! This time spending $531.9 million to purchase 4,980 Bitcoins at a price of $106,801 each. Now they hold a total of 597,325 Bitcoins, with an average cost of $70,982.
Now this average cost is getting close to this year's lowest point of $74,500 in April. Thinking about it this way, it may be hard for the price of Bitcoin to fall below $70,000 again, right?
