MicroStrategy Holds Fast: Bitcoin Accumulation Amidst Market Volatility

Despite recent dips in Bitcoin’s price, reaching around $74,000, MicroStrategy’s commitment to its Bitcoin accumulation strategy remains firm. Michael Saylor, executive chairman of the company, has reiterated this stance. While technical analysts predict further corrections based on Elliott Wave theory, rumors have spread in crypto circles about a potential SEC filing by MicroStrategy that hints at a possible liquidation of its Bitcoin holdings.