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Michael Saylor’s Strategy Restarts Bitcoin Purchases, Adding $76,000,000 Worth of BTC

The Bitcoin treasury firm Strategy (MSTR) purchased $76,000,000 worth of BTC over the past week. Strategy says it accumulated 950 Bitcoin at an average purchase price of $79,670 per BTC, stretching their total holdings to 846,000 BTC. News of the firm’s purchase broke on Monday morning as Bitcoin surged by more than 6% and cracked […]

The Daily HodlThe Daily HodlConor Devitt21 Sept
  • neutral toward MicroStrategy · 95%

Smaller Bitcoin Holders Sold Before $85K Rally as 69,494 Wallets Exit

Bitcoin climbed above $85,000 after 69,494 wallets disappeared from two smaller-holder balance groups during the July-August downturn. Santiment argues that the earlier capitulation reduced reactive supply before the latest rally. Smaller Bitcoin Wallet Groups Contract Before Breakout Smaller bitcoin holders appear to have reduced their exposure before the cryptocurrency recovered above $85,000. Onchain analytics platform […]

Bitcoin.com NewsBitcoin.com NewsKevin Helms21 Sept