Strategy buying Bitcoin in the midst of a complicated context.$BTC
The new acquisition of BTC by Saylor's firm comes in the midst of a context that does not look very promising. In particular, an increase in interest rates by the Bank of Japan is expected, which hampers the flow of capital into equities in this important global economy.
Indirectly, this decision by the Japanese central bank could negatively affect the price of Bitcoin in the spot market. As a consequence of this, the shares of Strategy could enter a new phase of liquidations. This would worsen the already negative environment surrounding this company.
In any case, Strategy continues to show strength and this new purchase of Bitcoin adds to another similar massive purchase made two weeks ago. These high purchases take place shortly after rumors broke out about a probable sale of BTC. However, the management created a fund of $1.44 billion to ensure the payment of obligations without having to liquidate part of its coins.
