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Michael Saylor, the CEO of MicroStrategy, compared the company's Bitcoin purchase strategy to real estate development in an interview with CNBC. He claims Bitcoin is like "cyber real estate" and provides long-term investment value similar to real estate in New York's financial center.

Large-Scale Bitcoin Purchase Strategy

MicroStrategy recently announced the purchase of an additional 15,350 Bitcoin on Monday, bringing the total amount the company owns to 439,000 BTC, worth approximately $46 billion. To achieve this, the company utilized convertible loans and stock issuance.

A $25 million criminal case is becoming a hot topic in the cryptocurrency community, as two brothers accused of Ethereum fraud have just presented a controversial legal argument: the case should be dismissed entirely due to the new policy of the U.S. Department of Justice (DOJ) under President Donald Trump.

Two MIT geniuses and allegations of Ethereum fraud

Anton and James Pepaire-Bueno – two brothers who graduated from the Massachusetts Institute of Technology (#MIT ) – were once hailed as outstanding programmers. However, they were charged last year for exploiting the transaction verification mechanism on the Ethereum network to steal $25 million in ETH from other traders in just a few minutes.