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Binance Coin: Can BNB Defy THIS Pattern and Avoid Further Decline?
MSTR takes action again! $0.243 billion Shareholding in Bitcoin, total Hold Positions approximately 41 billion.
On Monday, Eastern Time, the technology company MicroStrategy, known for holding a large amount of Bitcoin, announced that it has increased its shareholding in Bitcoin again, spending $0.243 billion to acquire 2,530 Bitcoins at an average price of approximately $95,972. This marks the company's 10th consecutive week of increasing its shareholding, with a total Bitcoin holdings value of about $41 billion, accounting for over 2% of the total Bitcoin supply. During Monday's trading session, crypto concept stocks generally fell, and MSTR briefly dropped more than 7%.
Investors are reassessing their bets on interest rate cuts, causing Bitcoin to fall to its lowest level since November of last year.
Due to last Friday's employment report being hotter than expected, negative sentiment in the market persists, and Bitcoin briefly fell to its lowest level since late November.
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