#MicroStrategyAcquiresBTC

MicroStrategy is a subsidiary of MicroStrategy Incorporated, a public company specializing in analytics, mobility, and software development. The company has become known in recent years for its adoption of Bitcoin (BTC) as part of its investment strategy.

In August 2020, MicroStrategy announced the purchase of 21,454 Bitcoins worth $250 million as part of its capital allocation strategy. Since then, the company has continued to purchase more Bitcoin on a regular basis, making it one of the largest public companies holding Bitcoin.

The goal of this strategy is to protect the value of the company’s assets from inflation and the volatility of traditional currencies, as Bitcoin is considered a long-term store of value. You can follow the latest updates on MicroStrategy’s Bitcoin holdings through the company’s press releases or financial reports.