Microstrategy Adds 3,000 Bitcoins Worth $155M to Crypto Holdings

MicroStrategy, the brainchild of Michael Saylor, has acquired an additional 3,000 Bitcoin, splurging an estimated $155 million at an average price of $51,813 for its latest BTC acquisition. This move elevates the companys total Bitcoin holdings to a staggering 193,000 units, cementing its status as a major player in cryptocurrency. Strategic Bitcoin Acquisition and Impressive Returns MicroStrategy entered the Bitcoin arena in 2020 amidst concerns over inflation and the economic repercussions of the COVID-19 pandemic. Saylors strategic vision involved leveraging BTC as a hedge against...

source: https://tokenpost.com/Microstrategy-Adds-3000-Bitcoins-Worth-155M-to-Crypto-Holdings-11322

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