Strategy, formerly known as MicroStrategy , shared that during the 2022 bear market, it purchased Bitcoin at an average price of about $30,000. When Bitcoin’s price dropped to roughly $16,000, about half that cost, the company took the opportunity to add more to its holdings. This move shows Strategy’s confidence in buying during market lows and suggests it may continue to accumulate Bitcoin as prices dip further, reinforcing its long-term commitment to Bitcoin investment.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
Interest in XRP exchange traded funds is growing quickly after another product received approval. Cboe…
Investors searching for the next high-upside opportunity are now comparing this $0.035 emerging crypto to…
The LINK price remains capped and under bearish pressure despite there being strong signs of…
Strategy, the company led by Bitcoin advocate Michael Saylor, has successfully held its place in…
The XRP price is currently in a decisive standoff, as its price is capped despite…
Story Highlights The Live Price Of XRP Predictions suggest XRP could reach $5.05 by the…
