On-chain analysis platform Santiment revealed that MicroStrategy’s Bitcoin purchase news had a positive impact on the market.
MicroStrategy founded by Michael Saylor 28 December In his statement on 30 November – 26 December average per unit between from $42,110 in total $615.7 million in return 14,620 Bitcoins He announced that he bought it.
Santiment stated that this and previous announcements regarding the purchase of Bitcoin have had a positive impact on the cryptocurrency market. with data revealed. In the visual provided by the analysis platform, MicroStrategy on November 1, on 30 November And 27 December The announcements on the date were pointed out.
MicroStrategy on November 1 3rd quarter balance sheet He announced that he was making a profit from his Bitcoin investments and created a significant volume in the cryptocurrency market. With this on November 30 After the announcement regarding the purchase of Bitcoin The price increased by 17% in 5 days. Following the announcement made yesterday, Bitcoin for $41,500 right after regressing to $43,800 It had risen to .
The company emphasized the rises that occurred shortly after these purchases and made the market aware of MicroStrategy purchases. priced positively he stated. In recent times, especially 2022 During the bear season, MicroStrategy’s purchases brought significant declines in the cryptocurrency market, albeit short-term. However, it seems that as the market gained upward momentum, these purchasing news started to have a bullish effect.
According to CoinGecko data, in the last 24 hours 0.2% Bitcoin, which is on the rise, at the time of writing from $43,178 is being traded.