The post Michael Saylor Buys Bitcoin Dip; What Does He Know? appeared first on Coinpedia Fintech News
Michael Saylor has continued to accumulate Bitcoin (BTC) quietly amid midterm crypto bull market uncertainty. The highly decorated Bitcoin investors made a move out of the norm by announcing a Bitcoin purchase on Tuesday instead of the previous norm, Monday’s.
Strategy announced a strategic purchase of 4,048 BTC for approximately $449.3 million at an average of about $110,981. The company announced that the latest BTC purchase was facilitated by selling its shares
Strategy Strengthens Bitcoin Holdings Amid Market Correction
Strategy has increased its Bitcoin trove to almost surpass Satoshi Nakamoto’s holdings. The company currently holds about 636,505 BTCs, which is valued at over $70 billion. Notably, Strategy has strengthened its BTC holdings despite the fear of further crypto correction in the near term.
What Does Saylor Know?
Impending Fed Rate Cuts
The notable B
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