MicroStrategy and U.S. Spot Bitcoin ETFs Purchase Over $4 Billion in BTC 🚀
MicroStrategy recently announced a significant purchase of Bitcoin, amounting to $1.1 billion. This acquisition aligns with other major moves in the crypto market, as U.S. Spot Bitcoin ETFs acquired $3.1 billion worth of BTC over the last four trading days. These substantial inflows demonstrate a growing confidence in Bitcoin's value.
The continued interest from major buyers suggests potential future price increases, especially as the supply of available Bitcoin becomes scarcer. Investors are closely watching how these developments may affect Bitcoin's market dynamics in the coming months.
Source: cryptodaily.co.uk ↗
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