Who’s buying BTC in this market? Your liquidations are being bought up by MicroStrategy, which has acquired another 51,700 bitcoins worth $4.6 billion.

Between November 11 and 17, Michael Saylor’s MicroStrategy purchased an additional 51,780 bitcoins for approximately $4.6 billion at an average price of $88,627 per bitcoin. This marks the company’s largest purchase to date.

Previously, MicroStrategy sold 13.6 million shares to raise capital, which was used to buy these bitcoins- both for this new batch and for the previous one reported by the company on November 11.

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