Block Don Boost Bitcoin Holdings Reach 8,692 Wit 108 BTC Q2 Purchase
Block wey Jack Dorsey dey lead don boost dia Bitcoin treasury by 108 BTC for Q2, make dia total reserves reach 8,692 BTC, na so HODL15Capital data talk am. Dis kain accumulation put Block dey on the same level with other big institutional holders like MicroStrategy and Tesla, e dey reinforce the trend of Bitcoin corporate adoption. Block don put Bitcoin inside dia Cash App and dem dey build TBD division for decentralized finance, wey go expand BTC usage for real world. The company see Bitcoin as hedge against inflation and economic wahala. Traders suppose sabi say ongoing corporate buys fit boost market confidence, improve liquidity, and help maintain Bitcoin price steady for long term.
Bullish
Block buy 108 BTC for their Q2, wey make their treasury reach 8,692 BTC, show how big institutions like Bitcoin. Even though the price no go change badly quick because the buy no too big, the move still show say more people dey use am. Them put am for Cash App and dey build the TBD DeFi section to make Bitcoin better, wey make people believe market more. For short time, traders fit see small buying pressure, but for long term, the outlook good as company dey collect more Bitcoin, e go help keep price steady and make am dey rise steady.