MicroStrategy Dey Celebrate 5 Years wit 155 BTC Buy
MicroStrategy Bitcoin plan don reach five year with fresh buy of 155 BTC for $18 million at average price of $116,401. Since August 11, 2020, dem don build their BTC stash to 628,946 coins, put in about $46.1 billion at average cost of $73,288. Now, Bitcoin price na near $120,000, those coins dey worth over $75 billion, with unrealized profit pass $30.6 billion. The latest buy make MSTR shares go up by almost 3% before market open. To fund their Bitcoin buying, MicroStrategy don raise more than $46 billion through Bitcoin-backed shares and credit, and dem just file $4.2 billion shelf registration for future buy. Bitcoin dey trade around $119,500 with volume rising as analysts dey predict possible run to $135,000, but dem warn market fit peak before October.
Bullish
MicroStrategy dey continue dey buy Bitcoin, wey dem underline with dia milestone 155 BTC buy plus big unrealised profit dem, e strong for institutional demand. Di immediate 3% rise for MSTR shares plus di rising trading volumes show say di market dey positive. Analysts dem get bullish price targets for Bitcoin wey dey support di upward momentum, even tho dem dey warn say e fit reach short-term peak. Overall, dis news go hold up near-term price gains plus boost long-term confidence for BTC growth path.