Michael Saylor, that audacious digital treasure hunter, pounced on a modest bitcoin dip and stuffed over $1.4 billion worth of shiny cyber-coins into his vault. Jolly good show, old chap!
Bitcoin Does a Jolly Good Bounce Back to $94K Thanks to Strategy’s Shopping Spree
Following its recent gallop to a two-month high, bitcoin (BTC) took a modest weekend tumble to about $92K. This delightful dip proved simply irresistible to Strategy, the bitcoin treasury firm whose pockets are deeper than Aunt Agatha’s scowl. On Monday, they announced the acquisition of 15,355 BTC for a tidy sum of approximately $1.42 billion—averaging just north of $92,700 each. Not bad for some digital shillings, eh?
Since then, bitcoin has rallied like Jeeves fetching cocktails at a country club, touching $95K before settling around $93,966.19 at the time of penning these lines. Strategy now proudly hoards 553,555 BTC, boasting the grandest bitcoin treasury in all creation among publicly traded firms. This figure towers elevenfold over the next contender, Marathon Digital Holdings, who modestly clutch their 47,531 BTC like a cat with a mouse.
The London-based bank Standard Chartered, never comfortable with merely sensible forecasts, has gone on record predicting bitcoin will rocket to a new all-time high in Q2 2025. They dare to suggest it will more than double its present price by year’s end.
“We expect a fresh all-time high in Q2,” babbled the bank officials with a straight face. “Catch our drift: USD 200,000 by the finish line of 2025.” Cue champagne and victory cigars, if you’re into that sort of thing.
Market Metrics: For Those Who Like the Nitty-Gritty
Bitcoin badges along at $93,966.19, per Coinmarketcap’s ever-watchful eye. The world’s premier digital coin eked out a modest 0.11% gain in the past 24 hours, and a sprightly 7.12% in the previous week. The trading session danced between $92,860.81 and $95,598.49, keeping the bulls suitably entertained despite the occasional grumbling from the bears.
Trading volume skyrocketed by a robust 71.64%, leaping to a whopping $30.46 billion in just 24 hours. Apparently, the post-weekend caffeine fix isn’t just for us humans. Bitcoin’s market cap nudged up ever so slightly by 0.09% to $1.86 trillion, while its dominance of the cryptokitty playground crept higher to 64.35%, a 0.17% increase. Despite this financial fandango, futures activity remained as flat as a pancake, with open interest dipping a shade by 0.12% to $63.525 billion—proof that even the wildest digital markets need a siesta now and then.
Liquidation figures from Coinglass revealed a stress level lower than Bertie Wooster at a Drones Club tea party—just $2.11 million wiped out in 24 hours. Long traders bore the brunt with $1.7 million lost, while short traders cried into their tea over a mere $403,250. Overall, the picture is one of cautious cheerfulness: bitcoin’s got its tail up and is primed for more adventures, even as the trading frenzy calms down to a more respectable level after the weekend whirlwind.
So there you have it, old bean: bitcoin, Strategy, and a billion-dollar shopping spree that might just give the crypto markets a jolly good jolt. Tally-ho, and may your portfolios stay as buoyant as a buoy in a brisk sea breeze! 🚀💰
Read More
- PI PREDICTION. PI cryptocurrency
- How to Get to Frostcrag Spire in Oblivion Remastered
- How Michael Saylor Plans to Create a Bitcoin Empire Bigger Than Your Wildest Dreams
- We Ranked All of Gilmore Girls Couples: From Worst to Best
- Kylie & Timothée’s Red Carpet Debut: You Won’t BELIEVE What Happened After!
- S.T.A.L.K.E.R. 2 Major Patch 1.2 offer 1700 improvements
- Gaming News: Why Kingdom Come Deliverance II is Winning Hearts – A Reader’s Review
- The Elder Scrolls IV: Oblivion Remastered – How to Complete Canvas the Castle Quest
- Florence Pugh’s Bold Shoulder Look Is Turning Heads Again—Are Deltoids the New Red Carpet Accessory?
- WCT PREDICTION. WCT cryptocurrency
2025-04-28 21:02