Strategy, a top corporate Bitcoin holder, remains undeterred by recent decreases in the price of BTC. MicroStrategy now holds over 576,000 BTC, with an unrealized profits of over $21.8 billion. After the recent market pullback, Strategy plans to extend its BTC purchases into a seventh consecutive week. Michael Saylor, Strategy co-founder, has hinted that the […]
MicroStrategy’s Stash
MSTR’s Purchase of 555,000 BTCs Deflates the Annual Bitcoin Supply by 2.23%
With Strategy holding a massive stash of Bitcoin, the yearly deflation rate of BTC has reduced to -2.23%. BTC is poised for a potential climb above $106K.