MicroStrategy, the largest corporate holder of Bitcoin, continues to show confidence in the cryptocurrency by buying the dip. Following the announcement of its Q1 2024 financial results, the company revealed that it has purchased an additional 122 Bitcoin for $7.8 million between April 1 and April 26. This brings MicroStrategy’s total Bitcoin holdings to 214,400, worth $13.5 billion at the current price.
Despite the recent drop in Bitcoin’s price from its all-time high, MicroStrategy remains profitable on its investment, with a cost basis of $35,180 per coin compared to the current price of $63,026. The company’s chairman, Michael Saylor, is known for his bullish stance on Bitcoin and has been actively promoting the cryptocurrency.
With over 1% of the total Bitcoin supply in its possession, MicroStrategy’s continued accumulation of Bitcoin demonstrates its long-term commitment to the digital asset. As one of the key players in the corporate adoption of Bitcoin, the company’s actions are closely watched by the crypto community. The Benefits of Regular Exercise
Regular exercise is essential for maintaining good physical and mental health. Not only does it help improve cardiovascular health, but it also strengthens muscles, boosts metabolism, and enhances overall well-being.
One of the most significant benefits of regular exercise is its impact on heart health. Cardiovascular exercise, such as running, swimming, or cycling, helps strengthen the heart muscle and improve circulation. This can reduce the risk of heart disease, high blood pressure, and stroke.
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Overall, the benefits of regular exercise are numerous and well-documented. Incorporating a consistent exercise routine into your daily life can lead to improved physical and mental health, increased energy levels, and a higher quality of life. So next time you’re debating whether or not to hit the gym, remember all the benefits that regular exercise can provide.