Krutika Adani
After yet another major purchase, Microstrategy now holds more than 252k Bitcoins and is on track to beat Grayscale, the largest Bitcoin ETF.
The ETF giant holds around 254k Bitcoins which have recently gone up due to the high inflows.
Spot Bitcoin ETFs now stand at $69.5 billion and have around 940k Bitcoins with BlackRock being the largest holder at 367k BTC.
As the month of October arrives, crypto markets expect a positive and bullish month for Bitcoin, nicknaming the month as Uptober.
Bitcoin needs to decisively cross $65k followed by $70k, before it makes a new ATH above $73.7k. On the downside, $60k remains a strong support.