📌 Strategy (formerly MicroStrategy) acquired 6,220 Bitcoin between July 14–20 at an average price of $118,940 per BTC, totaling approximately $739.8 million.
✍️ This recent purchase strengthens the company’s already significant position, bringing its total Bitcoin holdings to 607,770 BTC. The average acquisition price of the latest purchase was reported at $118,940 per coin.
Growing institutional demand like this can generally be seen as a bullish signal for #Bitcoin .
However, such large purchases may also lead to short-term volatility, especially in thin liquidity conditions.
These developments are being closely watched by both spot and ETF market participants as indicators of broader market sentiment.
✍️ This content does not constitute investment advice. Always do your own research and assess your own risk before making financial decisions.
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