🚨 BREAKING: Strategy (ex-MicroStrategy) Adds $962M in New $BTC — But Is This Another "Top Buy" Moment? 🚨
Strategy has confirmed the new purchase of 10,624 BTC, worth around $962.7M, with average buying price near $90.6k. With this buy, total holdings now moved to ~660,624 BTC, almost $59B in value, making them still the biggest public holder of Bitcoin.
This is a huge step and came right before the Fed decision, where market already is very shaky and waiting for clear direction. The move showing strong instuttional confidence, and taking this much BTC from circulation can be bullish long term.
But also there is real risk. Many previous big buys from Strategy happened near heated price levels and quick downside followed later. Some traders calling this a FOMO buy or top-chasing strategy, specially when price already near major resistance.
If Fed tone becomes hawkish or delay rate cut expectation, market can turn red fast and push price lower, making this buy look bad very quick.
So right now this move have both meaning — big confidence and big risk.
Next few days deciding which side wins.
Stay sharp and keep thinking 🔥🚀.
$ZEC $SOL #WriteToEarnUpgrade #StrategyBTCPurchase #TRUMP
