Another indicator, though, continues to point to downward price pressure. What to know: Prices remain under pressure and sentiment is so weak one would think it’s 2022 all over again, but for the first time in nearly a year, bitcoin (BTC) whales are buying. Following months of distribution as bitcoin surged to a record high […]
The company used proceeds from the sale of common stock for this latest purchase. What to know: Michael Saylor-led Stategy (MSTR) brought its bitcoin stake above 500,000 tokens with additional purchases made last week. The company purchased 6,911 bitcoin for $584.1 million, or an average cost of $84,529 per token, according to a filing Monday morning. That […]
Bitdeer currently holds 855 BTC, valued at approximately $69 million. What to know: Bitdeer Technologies (BTDR) said it bought 50 bitcoin (BTC), taking the opportunity to build its stash as the price of the largest cryptocurrency looked set for its worst month since June 2022. In a tweet, the bitcoin mining company said it paid an average of […]