#SaylorBTCPurchase

Bitcoin is a type of digital currency, also known as a cryptocurrency, which was invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto. It was introduced as open-source software in 2009.

Bitcoin allows people to send and receive money over the internet without the need for a central authority like a bank or government. It uses blockchain technology, a public and decentralized ledger that records all transactions across a network of computers. This makes transactions secure, transparent, and almost impossible to alter.

Bitcoins are created through a process called mining, where powerful computers solve complex mathematical problems. The total supply of Bitcoin is limited to 21 million coins, making it a scarce digital asset.

Bitcoin is often used as a store of value, similar to gold, and is sometimes referred to as “digital gold.” It has gained popularity for its potential to offer financial freedom, but it is also highly volatile and subject to regulatory scrutiny.

Key Features of Bitcoin:

• Decentralized system

• Limited supply (21 million coins)

• Peer-to-peer transactions

• Secure and transparent via blockchain

• High price volatility

While Bitcoin offers new opportunities for digital finance, it also comes with risks such as price fluctuations, cybersecurity threats, and regulatory challenges.