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RE: LeoThread 2024-11-26 12:40

in LeoFinance2 months ago

Part 2/8:

In a significant development, Saylor confirmed that MicroStrategy has acquired an additional 55,500 Bitcoin, amounting to a staggering $5.4 billion. This major purchase solidifies MicroStrategy's position as one of the largest Bitcoin holders globally, bringing its total holdings to approximately 386,500 Bitcoin, worth nearly $22 billion at an average purchase price of $56,700 each. The implications of such a massive acquisition reflect a sustained bullish sentiment for Bitcoin, particularly when considering the supply-demand imbalance it creates.

Supply and Demand Trends