MicroStrategy buys another $30 million worth of Bitcoin...

in #bitcoin2 years ago

Whales are soaking up what weak hands are selling...

In what should come as no surprise to anyone, Michael Saylor and MicroStrategy continue to double and triple down on their bitcoin bet.

Today they announced they have bought another $30 million worth of bitcoin.

Check it out:

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(Source: https://twitter.com/saylor/status/1643586872839471105)

They have now spent $4.17 billion on bitcoin purchases with a cost basis of roughly $29.8k.

Whales are happy to soak up what the weak hands are unloading.

If we have a few more Michael Saylors out there bitcoin would have nowhere to go but up...

They tried to corner the silver market, why not the bitcoin market?!

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Unlike with silver market at least the amount of bitcoin is known let's hope it happens

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