Buying the Dip? Microstrategy, El Salvador Acquire More Bitcoin

While bitcoin’s price fell about 8% Friday around $54,237, MicroStrategy said it bought 7,002 bitcoins for about $414 million in cash during its fiscal fourth quarter. Similarly, El Salvador’s President Nayib Bukele said he bought 100 more bitcoins at "a discount" as broader markets tumbled on new COVID-19 variant fear. "The Hash" team discusses the implications for buying the dip.


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