MicroStrategy bought more Bitcoins these days and CEO Michael Saylor dropped an announcement in which he reveals how much BTC the company has.
Check out the tweet that he dropped on his social media account below.
MicroStrategy has purchased an additional ~328 bitcoins for ~$15.0 million in cash at an average price of ~$45,710 per #bitcoin. As of 3/1/2021, we #hodl ~90,859 bitcoins acquired for ~$2.186 billion at an average price of ~$24,063 per bitcoin. $MSTRhttps://t.co/fGH5KacsPI
— Michael Saylor (@michael_saylor) March 1, 2021
Someone said: “Most people dollar cost average, @MicroStrategy, on the other hand, does “million costs average” 90k #btc at 24k on average.”
A follower said: “Im loaded up on MSTR stock! Im so Bitcoin portfolio heavy but it’s the only bet that is so much of a sure thing. Im taking a big swing!” and someone else posted this: “I have shifted a large portion as well. $BTC 30%, Bitcoin businesses or related industries 10%. It is my biggest one-sector allocation ever. But, I believe in the power of #BTC!”
Bitcoin March prediction is out
It’s been revealed that trader and crypto strategist Michaël van de Poppe mapped out the key levels to watch for Bitcoin this month.
In a new video, Van de Poppe said that BTC may have hit a local low and is poised to ignite a bounce above $50,000.
“Now we get into the critical part. After this rejection (around $48,000), what you want to see is acceleration towards this level here ($38,000). However, this recent low at $44,000 got tested again, and we bounced up, which means that we’re probably going to get buy pressure from this entire green zone here. So we might be getting into a temporary low phase in which we construct such a pattern,” he said.
At the moment of writing this article, BTC is trading in the green and the king coin is priced at $49,181.67.