Micro buys bitcoin

micro buys bitcoin

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MicroStrategy's Michael Saylor: We are glad we adopted Bitcoin
Software intelligence firm MicroStrategy has announced another massive bitcoin investment, purchasing 16, BTC for approximately $ MicroStrategy bought $ million worth of bitcoin this month, marking the firm's largest purchase in nearly three years. Microstrategy (MSTR), the largest corporate holder of bitcoin (BTC), boosted its holdings in November, buying some 16, BTC, worth around.
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  • micro buys bitcoin
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Saylor, who stepped down as CEO last year and assumed the role of executive chairman, told CNBC's Morgan Brennan last week that he expects the bull market in bitcoin to continue next year. Email address. Unlike its tech peers, which rely on revenue growth and market share gains to fuel their stock prices, MicroStrategy's investor appeal is almost exclusively due to bitcoin. While ETFs are passively managed, MicroStrategy has the option to put its bitcoin holdings to work, using them, for example, as collateral to create more business opportunities. Disclosure Please note that our privacy policy , terms of use , cookies , and do not sell my personal information has been updated.