Great news for the cryptocurrency community!
MicroStrategy, a data analytics and enterprise software company, just announced that it has acquired a total of 1,434 BTC (approximately $45 million) in its latest round of purchases.
This acquisition is just the latest in a series of bold moves by the company to invest in Bitcoin. In August 2020, MicroStrategy announced that it had purchased 21,454 BTC for $250 million, and has since continued to grow its cryptocurrency portfolio.
MicroStrategy’s decision to invest in Bitcoin stems from its belief that the cryptocurrency is a secure, decentralized digital store of value that can protect company wealth against inflation and market volatility.
This move is yet another example of how companies are starting to recognize the potential of Bitcoin as a long-term investment and a way to diversify their portfolios. It’s exciting to see Bitcoin adoption continue to grow! #MicroStrategyAcquiresBTC #Bitcoin#Investment #Cryptocurrencies