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Crypto & Bitcoin

Michael Saylor Amplifies Major Bitcoin Acquisition News

Reported by Triparna Baishnab, Coinfomania

Image: Coinfomania

Strive's recent acquisition of 124 BTC for $10M signals growing institutional interest in Bitcoin. Here's what it means for the market. Strive acquired 124 BTC for $10M at an average cost of $80,526 each. Michael Saylor recently amplified a widely shared post regarding Strive’s acquisition of 124 Bitcoin for $10 million, which averages out to $80,526 per Bitcoin. This purchase increases Strive’s total holdings to 43,124 BTC, underscoring the ongoing institutional interest in Bitcoin. This development could signal further market movements as institutions expand their crypto portfolios.

This is an excerpt. The reporting belongs to Coinfomania.

Read the full report on coinfomania.com
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