$BTC
The crypto circle exploded! Strategy is madly buying up 21,000 BTC in the bear market, investing 2 billion to buy the dip?
Bitcoin has dropped below 88,000, with 110,000 people facing liquidation losses, yet Strategy is frantically buying! For two consecutive weeks, they have increased their holdings by over 10,000 BTC, directly providing the market with a sense of calm💥
With just over half of December gone, Strategy has spent nearly 2 billion USD (a total of 1.943 billion), aggressively buying 21,269 BTC! Last week, they spent 980 million, acquiring 10,645 BTC at a price of 92,000 per coin, and the week before that, they also bought 10,624 BTC at an average price of 90,000, clearly setting the benchmark for "buying the dip" 🇺🇸
As of December 14, they hold 671,268 BTC, with a total holding cost of 50.33 billion USD, and an average cost of only 74,900 per coin! With Bitcoin hovering around 89,000, the unrealized gains are simply unimaginable🤯
It's important to note that previously, Strategy was deeply mired in FUD (market panic), with stock prices dropping over 60%, financing restrictions, and facing the risk of being excluded from indices. Now, however, they are showing their commitment with real money, increasing their holdings by over 10,000 BTC for two consecutive weeks. How optimistic are they about Bitcoin's long-term value? $GUN
