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MicroStrategy Deepens Bitcoin Bet, Buys 2,530 More

Mary Liu

Summary: In a move that underscores its long-term bullishness on bitcoin, MicroStrategy has announced the acquisition of 2,530 additional bitcoins. The purchase, which brings the company's total bitcoin holdings to a staggering 450,000, is part of MicroStrategy's ongoing strategy to use bitcoin as a primary treasury reserve asset.  The company has been a vocal advocate for ...

In a move that underscores its long-term bullishness on bitcoin, MicroStrategy has announced the acquisition of 2,530 additional bitcoins. The purchase, which brings the company's total bitcoin holdings to a staggering 450,000, is part of MicroStrategy's ongoing strategy to use bitcoin as a primary treasury reserve asset. 

The company has been a vocal advocate for bitcoin, and its latest purchase is likely to be seen as a vote of confidence in the cryptocurrency.

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