What Happened on June. 28th | Everytime Michael Saylor Buy, Bitcoin Fall

TI Research

Michael Saylor, the founder of MicroStrategy, tweeted that MicroStrategy has once again purchased 12,333 bitcoins at an average price of $28,136.

As of June 27, 2023, MicroStrategy holds a total of 152,333 bitcoins with an average purchase price of $29,668.

MicroStrategy has been a strong supporter of Bitcoin and is one of the largest corporate investors in cryptocurrency.

While it is good news in the long run with MicroStrategy being a firm beliver of Bitcoin, there are two short term trades that have never failed:

  • Selling when the Ethereum Foundation sell $ETH
  • Selling after Michael Saylor buy more Bitcoin.

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TI Research

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