F&G: 79
Price: $98 – 100k (or) £77 – 78k
Hashrate: 755 EH/s
Nodes: 20,339
MSTR Price: $384 – $405
MSTR will announce more purchase of Bitcoin next week and we will find out if Microsoft is going to be approving the purchase of Bitcoin to be added to the companies balance sheet (December 10th).
Microsoft is a 2.5 trillion dollar company, and its announcement to add Bitcoin to its treasury will be huge (if this indeed happens). An approval could see the price of Bitcoin hit 150k in a short span of time. But if they are clever, they will try to keep it from going public as long as they can so that they can acquire Bitcoin OTC without moving the market.
Tom Lee is still keen on a $150,000 bitcoin price before the end of the year.
There is talk of countries like the US printing money to buy Bitcoin – some have even gone so far as to say that the US should sell its gold to buy Bitcoin as well.
It’s getting interesting.

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