MicroStrategy Buy Bitcoin Dip, Holdings Pass 628K BTC
MicroStrategy don confirm say dem still dey follow dia buy-the-dip plan after dem add 155 BTC (~$18 million) for around $117,000 per coin, make dia total Bitcoin wey dem get reach 628,946 BTC wey worth pass $74.2 billion. According to SaylorTracker, the company Bitcoin investment don make 60% ROI and $28 billion unrealized gains. Since November 2024, MicroStrategy don double dia corporate treasury by buy 376,726 BTC within nine months, and dem stock price don jump almost 2,600% for five years. As the biggest corporate Bitcoin holder—wey pass the next ten treasuries combined—MicroStrategy dey show say Bitcoin still dey important for institutions and retail investors wey wan get exposure without direct custody. CEO Michael Saylor no dey shake for altcoin vault competition, e talk say most crypto capital still dey go Bitcoin.
Bullish
MicroStrategy di big buys wen price dip dey give immediate demand support for Bitcoin, e fit make short-term wahala for price calm down and e fit make other company follow waka enter. Dem corporate treasury wey dey grow steady and di big unrealized profit dey make market trust Bitcoin as long-term value holder. Di company market position wey be number one and di way dem dey public say make person buy wen price low fit make traders happy, fit push price go higher.