Here’s Why Strategy’s $1 Billion Bitcoin Purchase Did Not Trigger A Price Rally
When Strategy disclosed its acquisition of greater than 10,000 Bitcoin price $1 billion, market watchers anticipated an instantaneous rally. Instead, Bitcoin’s value barely moved. The muted response was not a mirrored image of weak demand however the results of how the acquisition was executed. In response to the confusion surrounding the stagnant value motion, Quinten…
