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RE: BREAKING NEWS: MicroStrategy acquires additional 11,931 Bitcoins, What does this mean for the Crypto Market?

in Cent5 months ago

MicroStrategy is one of the world’s largest public holders of Bitcoin. With this new acquisition and the volume of Bitcoin in its vault, do you think it could have any impact in the crypto market and ecosystem at large?

Yeah, it could have impact on the Bitcoin price due to the high demand created by such transactions and could spur growth within the ecosystem.

Overall, Bitcoin is a double edged sword. Meaning, it can appreciate and depreciate. We need to wise here.

Thank you for sharing.