The post Strategy Plans More BTC Buys on Dips appeared first on Coinpedia Fintech News
Strategy, formerly known as MicroStrategy , shared that during the 2022 bear market, it purchased Bitcoin at an average price of about $30,000. When Bitcoin’s price dropped to roughly $16,000, about half that cost, the company took the opportunity to add more to its holdings. This move shows Strategy’s confidence in buying during market lows and suggests it may continue to accumulate Bitcoin as prices dip further, reinforcing its long-term commitment to Bitcoin investment.
Source: https://coinpedia.org/crypto-live-news/strategy-plans-more-btc-buys-on-dips/