Bitcoin Reclaims $111K After Strategy and Metaplanet Go Bargain Hunting

The two public firms bought more than half a billion dollars worth of bitcoin on Labor Day, likely contributing to Tuesdays recovery. Institutional Buying Spree Sends BTC Back Above $111K While some bemoaned bitcoins drop below $108K over the holiday weekend, Michael Saylors Strategy and Simon Gerovichs Metaplanet took advantage of the cryptocurrencys discounted price []