The two public firms bought more than half a billion dollars’ worth of bitcoin on Labor Day, likely contributing to Tuesday’s recovery. Institutional Buying Spree Sends BTC Back Above $111K While some bemoaned bitcoin’s drop below $108K over the holiday weekend, Michael Saylor’s Strategy and Simon Gerovich’s Metaplanet took advantage of the cryptocurrency’s discounted price […]Bitcoin Reclaims $111K After Strategy and Metaplanet Go Bargain Hunting
The two public firms bought more than half a billion dollars’ worth of bitcoin on Labor Day, likely contributing to Tuesday’s recovery. Institutional Buying Spree Sends BTC Back Above $111K While some bemoaned bitcoin’s drop below $108K over the holiday weekend, Michael Saylor’s Strategy and Simon Gerovich’s Metaplanet took advantage of the cryptocurrency’s discounted price […]