MicroStrategy, one of the leading companies in the crypto money world, excited many investors with a new Bitcoin (BTC) purchase announcement! The CEO of the giant company announced that they bought Bitcoin (BTC) for 347 million dollars!


On July 28, Michael Saylor, chairman and co-founder of MicroStrategy, announced that he had purchased another 12,333 Bitcoin (BTC) at an average price of $28,136 with an investment of $347 million.
Michaël van de Poppe, one of the leading analysts in the cryptocurrency market, raises interesting points for market watchers, arguing that Bitcoin may experience a downward movement after the acquisition of MicroStrategy.
Bitcoin recently broke the $30,000 mark, attracting the attention of institutional investors who realized its long-term potential. In addition, the anticipation of the approval of the spot Bitcoin ETF also fueled the optimism in the market. These factors point to increased institutional interest in the asset, further bolstering expectations for Bitcoin to continue growing.
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