1 BILLION ON BITCOIN: MICROSTRATEGY IS ABOUT TO MAKE BITCOIN PRICE SPIKE

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with Binance announcing an injection of $1 billion into BITCOIN by Microstrategy which is been owned by Michael J. Saylor Sanju Bansal, it surely will help push the value to be more expensive. with bitcoin falling heavily yesterday and showing signs of recovering today, it could mean that someone was buying the dip hard.

well for me, I am assuming that the person buying all the dip was Michael J. Saylor Sanju Bansal. he has been vocal about the world adopting Bitcoin. he was one of the key personnel who advised Elon Musk into converting some part of his Telsea shares into Bitcoin.

the 19,452 BTC bought buy MicroStrategy will help calm and stabilize the unstable Bitcoin market for now. the effect of this has seen BTC approaching $51,000 despite fallen below $47000 yesterday.

this news will help calm a lot of nerves while also pushing new investors to follow suit in the MicroStrategy format. it should be recalled earlier this year, Micheal Taylor organised a workshop to educate firms looking to add bitcoin to their balance sheet.

this is definitely a piece of great news in the midst of the storm which has been hovering around the crypto market these past days. more will follow and this might lead to the recovering in value of bitcoin and Alts.

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Yes, definitely good news for the markets. Now we just need to see a few other big name companies get in. As nice as it is to still see Michael Saylor buying in size at these levels, we already know he's very bullish. It would be nice to see a few more announcements from people/companies just entering the space. We'll take what we can get for now though.... :-)

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i think the announcements are coming soon. just wait a little and see how many will hop on the project

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