Michael Saylor’s MicroStrategy purchased an additional 3,000 Bitcoin worth $155 million at an average price of $51,813 between February 15 and 25.
This purchase increases your Bitcoin holdings ( BTC ) of the company’s 193,000 Bitcoin for $6.09 billion at an average price of $31,544, according to a Feb. 26 X post by Michael Saylor, founder and president of MicroStrategy
MicroStrategy’s Latest Bitcoin Acquisition This is in line with an expected prediction from a senior analyst at Bloomberg who predicted that Bitcoin ETFs may overtake gold ETFs in assets under management (AUM) over the next two years.
According to a February 26 research report shared on
“Bitcoin ETFs are less than six weeks old. But it raked in $8 billion more than its gold competitor. And it holds 40% of the assets of gold ETFs and could surpass it in less than two years.”
refer : cointelegraph.com
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