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Bitcoin Soars Past $82,500 As MicroStrategy Makes Major 27,200 BTC Purchase

  • MicroStrategy announces the purchase of additional Bitcoin (BTC) as the largest cryptocurrency hits an all-time high of $82,500.
  • MicroStrategy acquires approximately 27,200 BTC for approximately $2.03 billion, bringing its total Bitcoin holdings to nearly $23 billion with an average purchase price of $42,692 per Bitcoin.
  • Digital asset investment products experience inflows of $1.98 billion following the US presidential election, contributing to the overall global assets under management (AuM) in cryptocurrencies reaching an all-time high of $116 billion.
  • Bullish momentum in the crypto market is fueled by a sense of euphoria following Trump's election, with some predicting that Bitcoin could reach $100,000 by the end of the year.

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