Bitcoin Sees an Eventful Week with MicroStrategy’s Additional Purchase and Discovery of BTC Whitepaper on Apple’s Mac

Zionodes
3 min readApr 7, 2023

Weekly Update

The Global Crypto Market Cap is down by 0.61% to $1.18T at the time of writing this article. Over the past 24 hours, the overall volume of the Cryptocurrency Market has decreased by 13.97% to $35.26B.

DeFi’s total 24-hour volume is $3.75B, or 10.63% of the overall Crypto Market volume. All Stablecoin volume is currently $29.84B, or 84.63% of the 24-hour volume of the whole Crypto Market.

The price of Bitcoin was trading at $28,043.28 at the time of writing. According to data from CoinMarketCap, Bitcoin’s dominance is currently 45.83%, a increase of 0.16% from the previous day. In the last 24 hours, the price of ETH decreased by 1.04% to $1,877.10, while the price of BNB went down by 0.64% to $311.92. Based on the CoinMarketCap Chart, the total market capitalization of Cryptocurrencies has shown the following trend in its movement since the previous week:

As we move forward, there is a growing sentiment that Bitcoin may have hit its bottom in November 2022, marking the end of the crypto winter cycle. Many are now eagerly anticipating a potential long-term rally, with the possibility of Bitcoin surging to reach new heights and break its previous record.

Bitcoin Whitepaper Found in Apple’s Mac

On April 5, 2023, developer Andy Baio shared a fascinating discovery on his blog. While troubleshooting a printer issue, he found out that every macOS version released since 2018 has included Satoshi Nakamoto’s original Bitcoin Whitepaper. Baio located the PDF file of the Whitepaper within a folder in the macOS Image Capture tool that contained sample documents. This unexpected revelation has sparked interest in why Apple decided to include the document in their operating system. It’s not clear why this document comes with macOS. Navigate to Finder>Applications>Utilities and launch The Terminal App to find the Bitcoin whitepaper on your Mac. After that, type the following command:

open /System/Library/Image\ Capture/Devices/VirtualScanner.app/Contents/Resources/simpledoc.pdf

Andy Baio updated his blog article with information from an anonymous source who reported that the issue of the PDF’s presence was internally reported almost a year ago. The issue was assigned to the engineer who initially uploaded the PDF, but the engineer has not commented or taken any action on the matter since. It has been suggested that the PDF will be removed in future versions.

MicroStrategy Buys Another 1,045 Bitcoin Worth Approximately $24M

According to a recent Securities and Exchange Commission filing, Michael Saylor’s MicroStrategy (MSTR) purchased an additional 1,045 Bitcoin (BTC) for $23.9 million at an average price of $28,016 between March 23 and April 4. This brings the company’s total Bitcoin holdings to approximately 140,000, valued at approximately $4 billion at the current market price of $28,500. MicroStrategy’s holdings have an average purchase price of $29,803.

Michael Saylor has confirmed MicroStrategy’s recent purchase of 1,045 Bitcoin (BTC) on his Twitter account through the following post:

With Bitcoin’s value having increased by almost 68% YTD, many investors are optimistic that the worst is now behind us.

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