From Quiver Quantitative:

– MicroStrategy has acquired approximately $615.7 million worth of Bitcoin
– The U.S. Securities and Exchange Commission is potentially approving a bitcoin ETF
– MicroStrategy’s stock increased by 8% after the announcement
– Analysts believe that MicroStrategy’s approach to Bitcoin is a reflection of their belief in Bitcoin’s potential
– The broader crypto market has seen a revival due to new filings from financial giants like BlackRock
– MicroStrategy now holds about 189,150 bitcoins, acquired at an approximate total of $5.9 billion.



Read more: MicroStrategy’s Bold $615M Bitcoin Buy Boosts Confidence Ahead of SEC’s ETF Decision