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How massive Bitcoin buyer activity on Coinbase propelled BTC price past $32K

Coinbase has seen a large spike in buyer activity overnight as the price of Bitcoin (BTC) surpassed $32,500 on Jan. 2. Analysts say the trend was reminiscent of MicroStrategy’s Bitcoin accumulation, possibly fueled by institutional buy orders. As a result, BTC surpassed $31,000, reaching a new all-time high.BTC/USD daily candle chart

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MicroStrategy’s Bitcoin-Driven Offering Boosted to $650M After Notes Buyer Bought $100M More

MicroStrategy announced Friday it raised $650 million, up from a recently boosted $550 million, in a convertible senior note sale designed to allow the business intelligence company to buy more bitcoin.The company estimates $634.9 million of that sum – the net proceeds – will be available for bitcoin allocations in

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