MicroStrategy Splurges $6.157 Billion on Bitcoin Ahead of SEC Verdict

MicroStrategy has announced its recent Bitcoin investment, worth a staggering $6.157 billion. This strategic move comes as the company eagerly awaits the verdict from the Securities and Exchange Commission on the approval of a spot Bitcoin exchange-traded fund (ETF. With this substantial investment, MicroStrategy aims to safeguard the value of its reserve assets and position itself as a leading player in the evolving landscape of digital currencies. MicroStrategys Massive Bitcoin Purchase According to Business Insider, MicroStrategy and its subsidiaries have acquired approximately...

source: https://tokenpost.com/MicroStrategy-Splurges-6157-Billion-on-Bitcoin-Ahead-of-SEC-Verdict-10974

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