CandleFocus ‘Probably Nothing’ – Michael Saylor Highlights These Huge Daily Bitcoin ETF Inflows
2024-12-19
Author: Content Editor
Michael Saylor, executive chairman of MicroStrategy, highlighted the growing daily inflows into Bitcoin exchange-traded funds (ETFs). Over a 15-day period, these inflows totaled hundreds of millions of dollars, with the largest reaching $766.66 million. Saylor tweeted "probably nothing" in response to the data. Additionally, Saylor shared news of crypto mining company Hut8 purchasing 990 Bitcoins for approximately $100 million, increasing its strategic Bitcoin reserve to over 10,000 BTC worth around $1 billion.
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