Bitcoin (BTC) $114,414.66 price The new week continues at $ 114,500 and there is a slight recovery in the subcoins. The week we left behind was literally like a storm. We have seen many big, important developments. The Fed did not download interest rates and Trump’s moves made a sound. However, Michael Saylor did not stop.
Crypto Money Purchase
Saylor’s company in the week of 28 July 3 August 28 we left behind Microstrategy He bought 21.021 BTC. BitcoinThis purchase, which referred to the supply of 21 million, was worth $ 2.46 billion. Since the price has not yet fallen so much in the week we left behind, the average purchase price was 117.256 dollars. According to the current price, the last purchase has written loss in the short term.
Nevertheless, the huge purchases made by Saylor under 30 thousand dollars reduce the average cost considerably. The company continuously borrowed and reached its reserves by receiving more BTC to huge levels. It is also purchasing a lot of public companies that follow him.
Gamesquare took 2.717 ETH. The total presence reached 15,630 ETH levels. Sequans purchased 85 BTC at an average cost of $ 117,360. The total asset was based on $ 3.70 million. This road opened by Saylor has created an environment in which more than 200 public companies have regular purchases of large and small purchases, and the continuous institutional demand is preparing crypto currencies for another period.
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.