Bitcoin's price took a hit, trading near $91,000 this Monday, which is a 15% drop from its peak this year. Despite the downward spiral, MicroStrategy continued its Bitcoin buying spree, adding 2,138 more Bitcoins to reach a total of 446,400.
Tether also jumped in, acquiring 7,630 Bitcoins, aiming to bolster its holdings. These moves highlight ongoing institutional interest in Bitcoin, even as the market experiences volatility. The situation showcases the contrasting dynamics between short-term price dips and long-term accumulation strategies by key players in the crypto space.
