Bitcoin rallies past $87k as Metaplanet and Strategy purchase 6,856 BTC worth almost $600M

Bitcoin’s rally past $87,000 comes amid reignited aggressive buying from institutional players. On April 21, Japan-based Metaplanet and US firm Strategy (formerly MicroStrategy) both disclose...

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Bitcoin rallies past $87k as Metaplanet and Strategy purchase 6,856 BTC worth almost $600M

Source: CryptoSlate

Bitcoin’s rally past $87,000 comes amid reignited aggressive buying from institutional players. On April 21, Japan-based Metaplanet and US firm Strategy (formerly MicroStrategy) both disclosed major Bitcoin acquisitions, adding a combined total of nearly 7,000 BTC to their corporate reserves. This move signals their continued confidence in Bitcoin as a hedge against inflation and monetary […]

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