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MicroStrategy Makes Record Bitcoin Purchase
Following a strong rally over the start of November, Bitcoin prices have settled into consolidation mode over the last week with BTC futures trading in a tight range just under the all-time highs. Despite this, BTC has found strong demand into any dips with price still hovering around $90k mark. Indeed, broader sentiment remains bullish with many crypto watchers calling for +$100k by year end. Michael Saylor’s MicroStrategy fund has been leading the charge on the Bitcoin front. Following two hefty BTC purchases in Sep/Oct and Oct/Nov, the fund bought its largest stake yet of $4.6 billion BTC last week. Saylor now ... (full story)
