MicroStrategy is full of surprises 😁 Over the past two months, the company sold 6,916 BTC for $429 million—at an average price of $62,081 per BTC.
Yet, just last week, it reported purchasing 4,603 BTC at an average price of $80,318. In short, the strategy is simple: buy when prices are rising and sell when they’re falling 💪. 🔥 Strategy is buying Bitcoin again Strategy has resumed Bitcoin purchases after a 10-week hiatus, investing $369.7 million by August 30.
📊 The company also raised $602.8 million through share sales as Bitcoin rebounded toward $80,000. This tests whether the financing model—funding purchases without selling Bitcoin—will work once again.
This mysterious Ethereum whale has deposited a total of 103,252 $ETH ($253M) into multiple exchanges over the past 3 days and still holds 64,603 $ETH ($155.8M). #ETH #Ethereum $ETH