STRATEGY CONTINUES TO "ACCUMULATE" BITCOIN! 🐳💰
Hot news from PANews! Strategy, the famous corporate "whale," once again CONFIRMS its "all-in" strategy with Bitcoin ($BTC) through a large purchase.
DETAILS OF THE LATEST PURCHASE:
Purchase time: From August 18 to August 24.
Quantity: 3,081 Bitcoin.
Total cost: 356.9 MILLION DOLLARS.
OVERALL ANALYSIS:
Despite market volatility, Strategy continues to MAINTAIN DISCIPLINE in accumulating Bitcoin consistently and systematically. This reflects a STRONG CONFIDENCE in Bitcoin's long-term potential as a reserve asset.
POSITIVE SIGNAL FOR THE MARKET?: The continuous buying action of a "big player" like Strategy is often seen by the community as a POSITIVE SIGNAL, helping to reinforce confidence and possibly creating a "psychological support level" for the price.
AVERAGE PRICE AND LONG-TERM VIEW: Strategy's regular buying strategy is a classic example of DOLLAR-COST AVERAGING (DCA) on a large scale, focused on ACCUMULATING ASSETS for the LONG TERM rather than short-term speculation.
Could this "accumulation" phase from Strategy indicate they are expecting a new growth wave?
Please Like, Comment, and Follow LongSGS to stay updated on the latest news in the cryptocurrency market!
Note: This information is for reference only and is not investment advice. Please do your own research and make the most informed decision.
#bitcoin #Strategy #BTCAdoption #whalealert
