MicroStrategy and its subsidiaries have made another significant purchase of Bitcoin, acquiring the cryptocurrency at a rate of $42,110 per BTC. This latest purchase has increased their total holdings to 189,150 Bitcoin. MicroStrategy, a business intelligence company, has been actively investing in Bitcoin as a part of its treasury strategy. With this latest purchase, they have further solidified their position as one of the largest institutional holders of Bitcoin. The decision to invest in Bitcoin reflects MicroStrategy’s confidence in the long-term potential and value of the cryptocurrency.
HomeDIGITAL ASSETS REGULATORYworldwide-stablecoinMicroStrategy Acquires 14,620 Bitcoin in Anticipation of Possible ETF Approval