Metaplanet buys the dip with biggest-ever 620 Bitcoin buy
Japanese investment firm Metaplanet has purchased $60 million worth of Bitcoin, the largest single BTC buy it has made since it started acquiring the cryptocurrency in May.
Japanese investment firm Metaplanet has purchased $60 million worth of Bitcoin, the largest single BTC buy it has made since it started acquiring the cryptocurrency in May.
Bitcoin is now down around 11% after reaching its all-time high price of $108,135 on Dec. 17.
VanEck has said a US Bitcoin reserve could majorly slash the national debt if the cryptocurrency grows to $42.3 million a coin by 2049.
Bitcoin’s recovery toward $100,000 could attract buyers to SUI, BGB, ENA, and VIRTUAL.
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“I’m a huge believer in innovation, in powering the betterment of mankind, and increasing prosperity,” Miran recently said in a podcast.
According to MicroStrategy co-founder Michael Saylor, the company currently holds 439,000 Bitcoin, valued at approximately $27 billion.
Bitcoin could see another week of correction before it manages to recover above $100,000, based on historical chart patterns.
The post-quantum era is still “several decades away,” but it could be a net positive for the Bitcoin network’s security.