Here’s Why Strategy’s $1 Billion Bitcoin Purchase Did Not Trigger A Price Rally
When Strategy disclosed its acquisition of more than 10,000 Bitcoin worth $1 billion, market watchers anticipated an immediate rally. Instead, Bitcoin’s price barely moved. The muted response was not a reflection of weak demand but the result of how the purchase was executed. In response to the confusion surrounding the stagnant price action, Quinten Francois… Continue reading Here’s Why Strategy’s $1 Billion Bitcoin Purchase Did Not Trigger A Price Rally