MicroStrategy purchased another 4,225 Bitcoins, with its stock price rising 11.6% over seven days.

[Bit推] 10x Research stated that MicroStrategy (MSTR) is currently trading above the 7-day moving average and the 30-day moving average, showing a bullish technical trend, with a rise of 11.6% over the past week. The company purchased 4,225 Bitcoins for $472.5 million, increasing its total holdings to 601,550 BTC.

This increase in holdings was completed through stock issuance financing, further strengthening the market's confidence in its Bitcoin strategy and driving the stock price rise by 3.5%. MicroStrategy, as an important institutional player in the Bitcoin space, is currently benefiting from the growing institutional demand for Bitcoin, which also provides further support for its stock price.

Despite concerns from outside about its leveraged Bitcoin position of up to $71 billion, the overall market has reacted positively to its aggressive accumulation strategy.

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HodlOrRegretvip
· 07-18 08:51
It's time to go all in again.
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SnapshotBotvip
· 07-17 04:02
They went in without flashing.
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ChainDetectivevip
· 07-15 11:28
The dog's father is here.
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DefiEngineerJackvip
· 07-15 11:27
technically speaking, leverage is alpha when u know what ur doing
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TrustlessMaximalistvip
· 07-15 11:23
This is just a gambler, right?
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CryptoHistoryClassvip
· 07-15 11:19
*checks 2013 charts* same vibes as mt.gox before the storm
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DarkPoolWatchervip
· 07-15 11:17
Soros order Address: Renxing la ni
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GateUser-5854de8bvip
· 07-15 11:15
It's great to have money, keep going!
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