Vocal Bitcoin proponent and founder of the leading corporate BTC buyer addressed the community among current market turbulence
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He took to his X account to address Bitcoiners around the world as the leading global cryptocurrency has attempted to recover after its 3.20% decline in the past 24 hours.The MicroStrategy co-creator, its former CEO and currently executive chairman who is focused on the company’s Bitcoin strategy published an AI-generated image which features a pair of scales with an image of a physical BTC coin in both pans of it. “Bitcoin is the ₿alance of Power,” Saylor’s message says.
That included the government’s moving of $637 million Bitcoin to centralized exchanges that operate in Europe, including Bitstamp and Coinbase. The price they sold this BTC at was roughly $58,659.However, after sending this tremendous amount of crypto to the exchanges, the government then also bought back approximately 2,442 BTC. That is the equivalent of $141 million purchased at roughly $57,560 per coin.
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