Microstrategy Buys More Bitcoin After SEC Says BTC Is a Commodity — Company Now Hodls 129,699 Bitcoins
Microstrategy has purchased more bitcoin amid a heavy market sell-off. The announcement followed a clarification by the chairman of the U.S. Securities and Exchange Commission , Gary Gensler, stating that bitcoin is a commodity.with the U.S. Securities and Exchange Commission , the company declared that during the period between May 3 and June 28, it “acquired approximately 480 bitcoins for approximately $10.
As of June 28, 2022, Microstrategy, together with its subsidiaries, held an aggregate of approximately 129,699 bitcoins.“were acquired at an aggregate purchase price of approximately $3.98 billion and an average purchase price of approximately $30,664 per bitcoin, inclusive of fees and expenses,” the filing further details.
I don't think that's what triggered the purchase.
I'm waiting for bitcoin to rise because the entire crypto market depends on this coin in one way or another!
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Wow, just thinking if the Amazon platform suddenly started accepting Bitcoin for purchases the price of Bitcoin would shoot right back up to $40,000 from people buying it, & the Bitcoin whale's would help out with that alot...
Bitcoin is my new favorite coin to buy, before it was dogecoin which I still happily buy.
Some one send me😐😕
This guy is crazy but I respect the spirit
The rule of thumb: if microstrategy buys, there will be another dip
What retail investors don’t know is that there are really not many left for them.
Follow let’s trade those coins up to the roof, not for kids lol