Bitcoin’s price is holding steady near $116,700 after a slight dip of 0.65% over the past 24 hours. Despite some short-term volatility, MicroStrategy has continued its buying spree, adding another 430 BTC worth $51.4 million to its existing holdings. This brings their total Bitcoin reserves to 629,376 BTC at an average purchase price of $119,666 per coin. Meanwhile, Amsterdam-based firm Amdax is setting its sights on acquiring 1% of all circulating Bitcoin (worth over $24 billion). Their ambitious plan aims to launch a new entity listing on Euronext Amsterdam. Other noteworthy movements in the market include Metaplanet’s doubling of their Bitcoin reserves by purchasing an additional 775 BTC and Bhutan moving 800 BTC to newly created wallets, potentially indicating significant exchanges deposits. The decentralized nature of Bitcoin mining was highlighted by a solo miner winning a jackpot reward of $371,000. Overall market sentiment is mixed, with technical analysts observing a consolidation around the current price level.