Bitcoin’s (BTC) price stability is notable given its volatility, especially amid significant purchases by large holders like Strategy (MSTR), which recently bought $555.8 million of Bitcoin, adding to a previous $285.5 million acquisition. Strategy now holds approximately $36.5 billion in Bitcoin, representing 2.5% of the total supply, which could create upward pressure on prices due to reduced availability. However, potential risks exist if Strategy, funded through debt and equity, must sell its assets in a downturn, which could negatively impact Bitcoin’s price.
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