While Bitcoin’s struggle at the $50,000 level continues, the US markets are expected to open. If the US markets make a positive opening today, we can see an upward acceleration in BTC as well.
While the critical wait was going on in BTC, a purchase news came from MicroStrategy, which is frequently mentioned with Bitcoin purchases.
Company CEO and Bitcoin bull Michael Saylor announced that they bought 1434 Bitcoins for an average of $ 57477, for $ 82.4 million in cash. As of December 9, the company’s number of Bitcoins reached 122 478, while its average costs increased to $ 29,861.
Saylor’s previous BTC purchase took place when the price was at $59,000, and Bitcoin later declined to $42,000.
Although it is announced now, it seems that Saylor made this purchase about a few weeks ago.
While El Salvador is famous for buying from the bottom, Saylor is famous for finding local hills. While the company’s BTC average is still low, Saylor is struggling to catch local bottoms.
