Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
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MicroStrategy Adds 5,050 BTC to Its Holdings As Stock Sales Continue
On September 13, 2021, MicroStrategy CEO Michael Saylor announced the financial entity had added 5,050 bitcoin to its total crypto holdings. This latest bitcoin bump cost the firm $242.9 million. This indicates that it bought BTC before the price crash on September 7. According to a statement today, the firm is now in possession of 114,042 BTC. Michael Saylor tweeted that the company bought the coins at an average of $48,099 per bitcoin. He noted that they #hodl ~114,042 bitcoins acquired for almost $3.17 billion…
4 years ago