After 10 weeks of stopping purchases, Strategy finally restarted its Bitcoin accumulation plan!
According to Bloomberg, the company known for continuously hoarding BTC has once again bought Bitcoin for $370 million, continuing its signature accumulation strategy.
This move is essentially an adjustment following a market downturn: the crypto bear market weighed on the company’s stock price and also reduced market confidence in its financing model, forcing the company to carry out a comprehensive reform of its balance sheet. Now that it has finally stepped back in, does this mean the whales are once again optimistic about the outlook?
$BITCOIN #BTC
According to Bloomberg, the company known for continuously hoarding BTC has once again bought Bitcoin for $370 million, continuing its signature accumulation strategy.
This move is essentially an adjustment following a market downturn: the crypto bear market weighed on the company’s stock price and also reduced market confidence in its financing model, forcing the company to carry out a comprehensive reform of its balance sheet. Now that it has finally stepped back in, does this mean the whales are once again optimistic about the outlook?
$BITCOIN #BTC