Strategy skipped the best week to buy $BTC?
While $BTC was putting on a massive show with a +$16,000 weekly surge, Strategy didn't buy a single BTC between August 17 and August 23.
Instead of hitting the buy button, they raised $2 billion through MSTR share sales and quietly stacked it into their fiat reserves and USD Cash pool - bringing their total dollar liquidity to a solid $6.69 billion.
They're probably just holding off so they can buy it cheaper later...
Jokes aside, when you're sitting on 840,447 BTC with an average entry of $75,385, you can afford to sit back and stack cash for a minute especially while players like BitMine are busy aggressively sweeping up Ethereum.
#BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?#
While $BTC was putting on a massive show with a +$16,000 weekly surge, Strategy didn't buy a single BTC between August 17 and August 23.
Instead of hitting the buy button, they raised $2 billion through MSTR share sales and quietly stacked it into their fiat reserves and USD Cash pool - bringing their total dollar liquidity to a solid $6.69 billion.
They're probably just holding off so they can buy it cheaper later...
Jokes aside, when you're sitting on 840,447 BTC with an average entry of $75,385, you can afford to sit back and stack cash for a minute especially while players like BitMine are busy aggressively sweeping up Ethereum.
#BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?#
