Home Blockchain101 Bitcoin MicroStrategy invests another $1B in Bitcoins

MicroStrategy invests another $1B in Bitcoins

1 min read

Among the companies that ardently support cryptocurrencies, MicroStrategy’s name always comes on top. This company had made several moves to promote Bitcoins, including investing $1 billion in this asset. Now,  bought another $1026 billion yesterday. The price for which the company bought them is $52,765, and the total reserves will amount to 90,531 BTC with a total of $4.78 billion. The only company that has made a slightly bigger investment here is Tesla. 

Back to school - Get 20% Off

However, Microstrategy may eventually come on top under Michael Saylor’s supervision. He actively promotes this concept on different social media handles and undermines gold to contrast it. Also, he guided the company to launch several initiatives to support this venture. This includes the launching of senior notes and conducting a conference discussing all the how-tos of this asset.

Load More Related Articles
Load More By AtoZcrypto
Load More In Bitcoin

Leave a Reply

Your email address will not be published. Required fields are marked *

Check Also

Hong Kong Bitcoin ETFs: Investors Opportunity

Hong Kong Bitcoin ETFs: Unlock unprecedented access for mainland investors to the crypto m…