MicroStrategy bought more than 12,000 bitcoins over the last two months, bringing its total above 152,000 BTC.The largest publicly traded holder of bitcoin acquired 12,333 BTC for $347 million β€” an average price of $28,136. The buy s its largest addition to its bitcoin stack since June 2021. Meanwhile, Federal Reserve Chair Jerome Powell on Wednesday voiced an optimistic message about the U.S. economy and downplayed the threat of a recession.

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