List of Flash News about MicroStrategy Bitcoin buy
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2025-05-12 12:33 |
BlackRock and MicroStrategy Purchase Over 23,000 Bitcoin in a Week, Triggering Potential Supply Shock
According to @BTC_Archive, BlackRock acquired 10,572 Bitcoin and MicroStrategy purchased 13,390 Bitcoin last week, while only an average of 3,150 Bitcoin were mined during the same period. This indicates that institutional demand is far outpacing new Bitcoin supply, creating strong upward pressure on prices and signaling a potential supply shock that could impact short-term and long-term trading strategies. Traders should closely monitor on-chain flows and accumulation trends, as such significant institutional buying can trigger increased volatility and bullish momentum in the cryptocurrency market (source: @BTC_Archive on Twitter). |