US-based options trading company Group One Trading has announced that it owns 13.5% of the shares of MicroStrategy (MSTR), the world’s largest institutional Bitcoin (BTC) whale.
Group One Trading on January 9th to the US Securities and Exchange Commission (SEC) in a statement submitted by him, the total shares of MicroStrategy to 13.5% corresponding 1.3 million announced that it owns shares. Company per share $188 dollars costs in total 237 million He added that he has shares worth $.
MSTR shares, from $170 per day for $191 rises about 13% gained value. In addition, according to the information given, the cost of Group One Trading decreased with the increase in the share price. 2 dollars got on it. MSTR at $190 stable also in the post-market session by continuing its transactions in a way same price over continued to be traded.
Experts, institutional on the side MSTR increase in demand for its shares, in bitcoin a bull market expectation thinks it might be related. MicroStrategy has approximately 132,500 In financial markets with BTC Bitcoin wanting to follow institutional companies ranks first among investment preferences.
on the other hand “Golden Bug” famous economist Peter Schiff In the recent past, this situation criticized, MicroStrategy founder by Michael Saylor to the balance sheet bitcoin by adding company shares increase the demand had claimed. Schiff, the high demand of cryptocurrency followers for MicroStrategy shares “Sucker Rally” had named it.