A Rollercoaster Week in Crypto: From MicroStrategy's Massive BTC Haul to the Latest Scams and Predictions

Chain Reaction by Capital Copilot
30/12/2024 2 min
A Rollercoaster Week in Crypto: From MicroStrategy's Massive BTC Haul to the Latest Scams and Predictions

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Episode Synopsis

Today, we're diving into a whirlwind of crypto news, starting with MicroStrategy's aggressive Bitcoin acquisition. They've snagged an additional two thousand one hundred thirty-eight BTC, bringing their total holdings to a staggering four hundred forty-six thousand four hundred BTC. This marks their eighth consecutive week of purchases, with a hefty investment of two hundred nine million dollars. Despite this bullish move, their share price is wobbling, now forty percent below its peak.

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