MicroStrategy, led by Bitcoin evangelist Michael Saylor, has just made its #StrategySmallestBTC purchase to date—130 BTC for $10.7 million at an average price of $82,981 per BTC.
While this might seem like a modest buy compared to their conventional multi-million-dollar acquisitions, it still brings their total holdings to 499,226 BTC, just 774 BTC away from the massive 500K milestone.
So, what’s the significance of this? On the surface, it might look like a routine addition, but given the #market conditions, this small-scale buy could indicate something bigger. Bitcoin’s price is hovering around $83,800, and with institutional interest remaining strong, even a small accumulation can be a strategic play.
MicroStrategy’s consistent buying pattern suggests they remain bullish, regardless of short-term price fluctuations.
