A few days ago, friends asked if $BTC can still be bought, and whether buying a counterfeit is more cost-effective?
Let's look at some data: last week, Strategy purchased 21,021 BTC at an average cost of $117,256, totaling $2.46 billion.
The publicly traded company Sequans recently increased its holdings by 85 Bitcoins.
The subsidiary of the listed company Coinsilium Group, Forza, increased its holdings by 57.54 BTC.
In the past 24 hours, there was a net outflow of 1,017.72 Bitcoins from CEX.
These institutions' costs are all above $110,000, so it's still okay to buy BTC now.
Just like buying gold 3-4 years ago, or even 10 years ago.
Gold has been around for thousands of years, and its price has also risen significantly.
Why are there still people willing to buy it at a high price?
Everyone might want to think about this reasoning.
