MicroStrategy Purchases More Bitcoin, KuCoin to Require KYC
Jun 28, 2023
Market Update Michael Saylor’s MicroStrategy has purchased another 12,333 Bitcoin at an average price of $28,136. The additional purchase brings the firm’s Bitcoin holdings to over 152,000 BTC at an average price of approximately $29.6k. $BTC (-1.09%) has declined slightly in light of the announcement, and $ETH (-1.48%) continues to underperform Bitcoin. Injective ($INJ) is outperforming today (+1.72%) while also being one of the strongest coins on the week, rising 10.90% compared to Bitcoin’s 0.43% decline. Traditional markets are mixed today as investors digest comments from central b