MicroStrategy Buys More Bitcoin At The End of 2023

MicroStrategy’s Michael Saylor has just announced that the firm has bought more Bitcoin at the end of the year. Check out the following reports below.

Check out the following relevant tweet coming from Saylor below:

MicroStrategy has acquired an additional 14,620 BTC for ~$615.7 million at an average price of $42,110 per #bitcoin. As of 12/26/23, @MicroStrategy now hodls 189,150 $BTC acquired for ~$5.9 billion at an average price of $31,168 per bitcoin. $MSTR https://t.co/PKfYY59sTW

— Michael Saylor (@saylor) December 27, 2023

Someone commented the following: “Fine I’ll be the one to ring the alarm since everyone in the comments is busy fangirling and stanning this guy. Saylor acquiring this much is not a good thing – no one man should have all this power. Think about the implications when BTC breaks $1M next year.”

Saylor recently stated that Bitcoin will be the standout asset in the year to come. Here’s the video featured on X social media platform.

#Bitcoin will be the standout asset of 2024.pic.twitter.com/0RNrWIoV0j

— Michael Saylor (@saylor) December 26, 2023

At the moment of writing this article, Bitcoin is trading in the green, and the king coin is priced at $42,469.

Just recently, we revealed the fact that Bitcoin is surrounded by all kinds of optimistic price predictions.

Recent reports have indicated that there is a signal flashing for Bitcoin which last appeared before the cryptocurrency reached a new all-time high (ATH) two months later.

According to a cryptocurrency expert named TechDev, Bitcoin may hit new ATHs within the next two months.

TechDev has a strong following of 425,000 people on the social media platform X and claims that Bitcoin’s on-balance volume (OBV), a trend indicator that predicts changes in price using volume flow, suggests that BTC is on the verge of surging to new highs.