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❕NEWS Squares buy $170 million BTC

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The update from CNBC shows that the Square company has added $170 million worth of bitcoin to expand it bitcoin Investment of 4,703 bitcoin bought last year October.
The deal of $170 million was carried on Tuesday when bitcoin was $48,000.
The CEO, Jack Dorsey, said as at last year October the amount of bitcoin bought represent 5% of the company's asset. You can imagine what the company will worth when bitcoin eventually hit $100,000.
 
Well this is only feasible when the market is stable . As it stands now , the market is so volatile that buying the dip is not quite encourage at all .
Yeah , the market lowest bearish moment is difficult to predict at the moment as we can see that sometimes Bitcoin go below $33,000.
 
Yeah , the market lowest bearish moment is difficult to predict at the moment as we can see that sometimes Bitcoin go below $33,000.
I think major investors have suffered huge loss within the past one month due to the high volatility of bitcoin going as low as $30,000
 
I think major investors have suffered huge loss within the past one month due to the high volatility of bitcoin going as low as $30,000
Yeah , until Bitcoin goes above$50,000 before most Investors will be on safe zone without profit but for now Investors aren't smiling.
 
Yeah , until Bitcoin goes above$50,000 before most Investors will be on safe zone without profit but for now Investors aren't smiling.
At $50k investors are only getting back the amount they invested. Bitcoin has really disappointed most of us . We hope for it to bounce back
 
At $50k investors are only getting back the amount they invested. Bitcoin has really disappointed most of us . We hope for it to bounce back
Yeah that was why I said safe zone because at that point most people will be having their money back and may be trade off because of fear of crashing again.
 
Yeah that was why I said safe zone because at that point most people will be having their money back and may be trade off because of fear of crashing again.
I strongly believe that once bitcoin climbs the $50k threshold , most investors will be confident that the long expected bullish run is here and won't consider selling .
 

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