Bitcoin maximalist Michael Saylor's MicroStrategy ($MSTR) has acquired more BTC, increasing its Bitcoin treasury as well as analysis and speculation.
Acquisition Prices Overview
MSTR has acquired 31755 bitcoins for $1.25 billion at an average price of $39411 per BTC (this includes 850 BTC for $37.2 million in January alone). MSTR currently HODLs 190k Bitcoins (about 0.9% of Maximum BTC), which it purchased for $5.93 billion at an average price of $31224 per BTC.
Bitcoin is the Market
MicroStrategy has Saylor's better Bitcoin market strategy. Capital is raised by selling company shares to buy more BTC; this makes BTC a superior investment than MSTR's stock, but the analysts claim that MSTR shareholders own BTC in a better way than the Bitcoin Spot ETF investors.
Bitcoin Reaction
Bitcoinists used to oppose Saylor's purchase of BTC as possibility of vying for control of Bitcoin, but now they are taking an interest in it. Some people are interested in investing in MSTR due to its growing BTC influence, while others think that MicroStrategy will later outflow its BTC, like Grayscale.
