MicroStrategy Bought the Dip, Did You?
Microstrategy bought 328 bitcoin for about $15 million with an average price of $45,710 per BTC. That means they basically bought the bottom of the current range.
That means that people selling the bottom were basically selling to Microstrategy.
MicroStrategy has purchased an additional ~328 bitcoins for ~$15.0 million in cash at an average price of ~$45,710 per #bitcoin. As of 3/1/2021, we #hodl ~90,859 bitcoins acquired for ~$2.186 billion at an average price of ~$24,063 per bitcoin. $MSTRhttps://t.co/fGH5KacsPI
— Michael Saylor (@michael_saylor) March 1, 2021
- MicroStrategy spends $15 mln more to buy bitcoin. Reuters.com.