MicroStrategy Dumps $1.05B for 10,100 BTC at $104K Average
MicroStrategy buys 10,100 BTC at $104K avg—an outsized institutional bet on Bitcoin; learn why this matters for your portfolio.
In the week of June 9–15, MicroStrategy acquired 10,100 BTC at an average price of $104,080, unleashing a hefty $1.05 billion crypto purchase .
Why It Matters
Intitutional Confidence: MicroStrategy remains the world’s largest corporate Bitcoin holder. This move signals continued belief from big players that Bitcoin will appreciate in the long run .
Leveraged Strategy Note: The company often raises equity or debt to fund buys—adding exposure, but also downsides when markets slide .
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NOTICE:
The information provided on trafy.io does not constitute investment advice or recommendations. All investment and trading activities involve risks, and readers are advised to conduct their own research before making decisions.
NOTICE:
The information provided on trafy.io does not constitute investment advice or recommendations. All investment and trading activities involve risks, and readers are advised to conduct their own research before making decisions.
