MicroStrategy Buys the Dip: Adds 168 Bitcoin to its $71 Billion Hoard
Bitway’s treasury giant MicroStrategy (operating as Strategy) has bought more Bitcoin.
Bitway’s treasury giant MicroStrategy (operating as Strategy) has bought more Bitcoin.
In a major coordinated action against transnational financial crime, US and UK agencies have targeted a massive crypto scam network, resulting in the largest Bitcoin seizure in US history.
Strategy, the de facto leader in corporate Bitcoin treasury strategy, has made another tactical acquisition, buying 220 BTC for $27.2 million.
As the US government grinds to a halt, the crypto market is shifting into high gear.
JPMorgan has issued a new Bitcoin price target of $165,000, asserting the cryptocurrency is now undervalued relative to gold.
Metaplanet has dramatically expanded its Bitcoin reserves with a new purchase of 5,268 BTC for approximately $623 million.
Sweden is considering a radical new use for seized cryptocurrency: building a national treasury.

"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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