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Strategy Plans More BTC Buys on Dips

37m ago
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Strategy Plans More BTC Buys

The post Strategy Plans More BTC Buys on Dips appeared first on Coinpedia Fintech News

Strategy, formerly known as MicroStrategy , shared that during the 2022 bear market, it purchased Bitcoin  at an average price of about $30,000. When Bitcoin’s price dropped to roughly $16,000, about half that cost, the company took the opportunity to add more to its holdings. This move shows Strategy’s confidence in buying during market lows and suggests it may continue to accumulate Bitcoin as prices dip further, reinforcing its long-term commitment to Bitcoin investment.

37m ago
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bearish:

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