Bitcoin (CRYPTO:BTC) prices briefly dipped below $90,000 early on Monday, its lowest level in two months, as the likelihood of further cuts in interest rates by the Federal Reserve in 2025 roiled assets everywhere.

Bitwise said Bitcoin buying by companies like MicroStrategy is an "overlooked megatrend." Find out how it could impact the market.

Shares of MicroStrategy Inc. slumped again on Monday, after the software company and cryptocurrency play disclosed that it resumed bitcoin purchases at prices well above current levels. The company continued to lean on shareholders to fund the purchases, as it used the $243 million raised through the sale of common stock.

MicroStrategy has purchased 2,530 BTC for $243 million, increasing its Bitcoin holdings to 450,000 BTC. Semler Scientific has also acquired 237 BTC, bringing its total

MicroStrategy, the business intelligence firm known for its aggressive Bitcoin acquisition strategy, has added another 2,530 BTC to its reserves. According to an 8-K filing with the Securities and Exchange Commission on Monday,

The price of bitcoin (BTC-USD) may be slumping on Monday, but Wall Street firm Cantor sees plenty of room for MicroStrategy's (NASDAQ:MSTR) stock to run higher as the business software company continues to stash more bitcoin on its balance sheet.