MicroStrategy di bold Bitcoin acquisition wey dey happen as chip stocks dey surge; BTC don pass $100K
MicroStrategy don up its Bitcoin holdings by buying an extra 1,070 BTC for about $101 million, making total of 447,470 BTC with average acquisition cost of $62,503 each. This one show how MicroStrategy wan strengthen im reserve with Bitcoin, emphasizing wetin e go be as long-term corporate treasury asset. At the same time, Bitcoin price don pass $100,000 mark, as investors dey favor Bitcoin and gold as inflation protection. Meanwhile, semiconductor stocks including TSMC and NVIDIA don also show significant gains because of Foxconn record-high Q4 revenue. JPMorgan dey predict say this trend of Bitcoin role for investment portfolios go continue through 2025, highlighting how important e fit be for corporate finance and treasury management in the midst of global economic changes.
Bullish
Di strategic acquisition wey MicroStrategy do and di way dem show say dem dey trust Bitcoin as treasury reserve asset, plus di strong price wey Bitcoin don cross $100,000, e go show positive sentiment. Di focus wey dem put for Bitcoin as inflation hedge dey follow di way wey investors dey show more interest, while semiconductor stocks wey dey grow dey show strong technology sector dynamics. As JPMorgan dey forecast, di way dem trends dey continue go 2025 dey indicate say good momentum dey for Bitcoin and di sectors wey relate during di time wey economy dey change globally.