Bitwise CEO Hunter Horsley Buys More Bitcoin at $85,000
Hunter Horsley, CEO of Bitwise, disclosed successive Bitcoin purchases at $89,000 and $85,000, signaling firm confidence despite sharp price fluctuations.
BTC
Summary
Bitwise CEO Hunter Horsley announced on X that he bought Bitcoin at $85,000 on November 23, following a prior purchase at $89,000 on November 19. These consecutive acquisitions highlight his ongoing bullish sentiment on Bitcoin despite recent market volatility.
Terms & Concepts
- Bitcoin: A decentralized digital currency operating without a central bank, secured through cryptography and recorded on a blockchain (distributed ledger).
- Blockchain: A distributed digital ledger that records transactions across multiple computers, ensuring transparency and security.
- Bitwise: A cryptocurrency asset management firm offering investment products linked to digital assets.