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Last week, Microstrategy purchased 9,245 bitcoins for around $623 million cash. This pushed their holdings up to 214,246 BTC - over 1% of the BTC max supply. They join only 5 other Arkham entities with over 1% of BTC’s supply: Coinbase Binance Grayscale Blackrock US Government https://t.co/jjC4AEuIxL
🚨 BREAKING 🚨 GRAYSCALE HAS NOW TRANSFERRED 735 BITCOIN WORTH $52.13 MILLION TO COINBASE. https://t.co/Mie57LiEq7
🚨BREAKING: @GRAYSCALE TRANSFERS A FURTHER 4,066 $BTC (WORTH $281 MILLION) TO @COINBASE PRIME
Grayscale, a major player in the cryptocurrency market, has transferred a significant amount of Bitcoin to Coinbase. On March 25, they transferred 4,300 BTC worth $292.4 million, followed by another transfer of 735 Bitcoin worth $52.13 million on March 26. This comes after Microstrategy purchased 9,245 bitcoins for around $623 million, increasing their holdings to over 214,246 BTC.