🚨 MicroStrategy Buys 21,021 $BTC After STRC IPO – $2.46 Billion Investment! 🚨
In a landmark move following its STRC IPO, MicroStrategy has acquired 21,021 Bitcoin valued at $2.46 billion, marking its largest BTC purchase to date. The acquisition underscores MicroStrategy’s unwavering conviction in Bitcoin as a core treasury asset.
📌 Why It Matters: • This strategic purchase amplifies institutional confidence during a volatile macroeconomic week. • The buy pushes MicroStrategy’s total holdings to over 628,000 BTC, further solidifying its dominance among corporate BTC holders. • The news follows recent SEC approval for "in-kind" redemptions in BTC/ETH ETFs — a bullish catalyst for institutional flows.
💬 According to @CoinGapeMedia, this aggressive move could influence other institutions to accelerate crypto accumulation, especially as traditional assets show signs of fatigue amid interest rate uncertainty.
📉 At the time of purchase: • $BTC = $118,283.60 • 24h Change = -0.51%
📊 Market Reaction: • BTC dominance ticks upward • Dormant whales also reactivating: another 3,963 BTC moved after 14 years
🔮 The Bigger Picture: This buy sets the tone ahead of the Fed interest rate decision, the White House crypto report, and Q2 GDP data. With multiple bullish headlines converging, this could be the beginning of another institutional wave.
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Posted by @jutt9081
Sharing real-time $BTC insights, price levels, and crypto trends