The price of Bitcoin gained momentum Saturday, rapidly rising more than 10% to barrel past the $21,000 level.
Market sentiment has become more bullish as a result of MicroStrategy’s U.S. Securities and Exchange Commission filing to sell $500 million worth of MSTR shares in order to purchase additional Bitcoin.
As of this writing, Bitcoin is trading at $21,434, up 8.3% in the last seven days, data from Coingecko show.
The publicly traded software company…
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