In yesterday’s evaluations, we mentioned that the rise in the weekly closing of over 85,000 dollars could begin. Today, the threshold of 87 thousand dollars has been exceeded and the acceleration may increase for greater rise if it is protected. In the middle of all this, Michael Saylor is on the scenes again. He often shared his new announcement of the company, which makes BTC recruitment.
Microstrategy BTC purchase
According to the last SEC file, the company of 584 million dollars during the fall decline Bitcoin (BTC). The total asset of the company, which received 6,911 BTC, has exceeded 500 thousand limits. The US Securities and Stock Exchange Commission (SEC) is the details of the purchase of 84,529 dollars between 17-23 March.
The company’s total Bitcoin (BTC) $87,835.52 While the reserve size climbed to 506.137, the total cost of this giant reserve was $ 33.7 billion. The average cost of $ 66,608 can also be found. The company has already earned approximately 20 thousand dollars per BTC. Moreover, despite many purchases from close to 100 thousand dollars, the cost is still at a reasonable point.
The company, which continues to make purchases by creating cash even on the most severe days of the bear markets, is now exporting more bonds while the rise continues. So it buys more Bitcoin. In other words, the purchase cycle by creating cash accelerated during this rise and this medium, long term is quite positive.
Bitcoin (BTC) Price
When the article was prepared BTC It is located at $ 87,300. About 14 days ago, the price seen in 77 thousand regions after the price increased by 13 %. 87,500 is an important price zone and if bulls can remain strong around it, space to breathe for subcoins can occur. For now, there is no big news of news until Thursday and Friday.
As the date of April 2 approaches, moderate messages come about tariffs. On this date, if we see more moderate customs tariffs, the rise in risk markets is expected to accelerate by reversing excessive fear.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.