Bitcoin Spikes As Saylor’s Microstrategy Makes Biggest Purchase In Years — Ethereum, Dogecoin Post Gains Too: Analyst Predicts $3,500 Level For ETH After SEC Acknowledges Fidelity Spot ETF
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Benzinga
Benzinga
Major cryptocurrencies experienced a surge on Thursday evening, driven by two significant developments, one involving Bitcoin and the other Ethereum. What Happened: On the Bitcoin front, Michael Saylor owned Microstrategy Inc (NASDAQ:MSTR), the largest corporate holder of BTC purchased an additional 16,130 BTC, valued at approximately $608 million based on current prices. According to a regulatory filing on Thursday, Microstrategy acquired bitcoin for $593.3 million in cash, at an average price of around $36,785 per coin. With this purchase, the company now holds a total of 174,530 BTC, acquir…
