Michael Saylors Strategy, the worlds largest corporate Bitcoin investor, bagged a fresh stash of BTC as the price briefly surged above $110,000 last week.
I will just say that this is the impressive part of this news. Very encouraging that nomatter the increase of Bitcoin there is always necessity to keep buying as much you can afford.
While some other investors will be selling their Bitcoins under the excitement of the breaking of $110K ATH, Micro Strategies remains undistracted.
And While others may be waiting to by at the DIP, others are focused buying and at the end of the tunnel, those waiting for the Dip will always have time to regret when the market liquidation just seem highily volatile surging to the Moon
When such an institutional investment firm is buying quite large like this, why don't we the small scale Investors buy and hodl patiently because such an amount of 4020 Bitcoin with the worth of $427.1 million is huge enough encouraging growths in the matter.
So this big purchase is giving hedges for the market to gather more pumping forces potential to break further ATHs.