Bitcoin Flat, the latest third quarter earnings wrap, and happy birthday to the Bitcoin

White Paper.

This is CoinDust Daily.

I'm your host Christine Lee.

Bitcoin range bounds sitting between $72,000 and $73,000 Thursday within striking

distance of its all-time high touched in March.

The broader digital asset market has fallen 6 tenths of a percent, as measured by the

CoinDisc 20 index, Bitcoin gaining almost 6 percent in the last week, so the temporarily

muted price action may point toward profit-taking.

Nevertheless, spot Bitcoin ETS registered $893 million of inflows on Wednesday, a second

consecutive day of over $850 million.

This strong showing was almost entirely attributable to Black Rock.

MicroStrategy plans to raise $42 billion to buy more Bitcoin over the next three years.

During the third quarter earnings call Wednesday, Executive Chair Michael Saylor outlined

the company's so-called 2121 plan, which calls for $21 billion of equity raises and $21 billion

of debt offerings over the next three years

to add to their corporate Bitcoin treasury.

Micro Strategy's last disclosure was in mid-September when it announced the purchase of over

7,400 Bitcoins.

That brings its holdings to over 250,000 Bitcoins acquired for a total of almost $10 billion or at an average

price of roughly $39,000 each. At Bitcoin's current price, their Bitcoin trove is worth over $18 billion.

Shares are lower by 3% at Thursday's U.S. market open, but remain roughly 250% higher year to date.

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