MicroStrategy buys another 16,796 Bitcoin

posted 4 months ago
Business intelligence firm MicroStrategy has added on to its initial $250 million bitcoin bet by loading up a further 16,796 BTC, worth $180 million. MicroStrategy's CEO Micheal Saylor explained, in no uncertain terms, the addition of thousands of bitcoin in line with it's newly adopted treasury reserve strategy.

"On September 14, 2020, MicroStrategy completed its acquisition of 16,796 additional bitcoins at an aggregate purchase price of $175 million," Saylor tweeted.
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