The overall crypto market is witnessing an uptrend today. Bitcoin (BTC), which has been trading in a range between $29,000 and $31,500 for most of the past months with a few fluctuations, is currently trading at 799,850 TL with a 1.85% decrease in the last 24 hours. MicroStrategy, known for its Bitcoin purchases, announced that it acquired an additional 467 Bitcoins for $14.4 million in July. With the financial results for the second quarter of the fiscal year 2023, MicroStrategy now holds 152,800 BTC. Furthermore, discussions arise regarding the company's potential to purchase Bitcoin by selling up to $750 million or more in stocks, according to the documents submitted by MicroStrategy to the SEC. It can be said that the rise is linked to the news from MicroStrategy.
