MicroStrategy, the biggest institutional investor in Bitcoin, has maintained its tradition of buying the largest crypto token.
Nevertheless, the company’s Bitcoin hoard increased in value, by more than $1.3 billion during the third quarter.
At press time, the token was trading under the $62k mark with a setback of around 1% in 24 hours.
BTC’s dominance continued to decline in the second half of the third quarter, closing at 42%.
That’s another $422 million spent, bringing the current market value of its holdings to around $7 billion.
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