{"id":4072,"date":"2020-08-13T13:42:12","date_gmt":"2020-08-13T13:42:12","guid":{"rendered":"https:\/\/atozcrypto.org\/?p=4072"},"modified":"2020-08-13T13:45:03","modified_gmt":"2020-08-13T13:45:03","slug":"microstrategys-crypto-strategy-detailed-news","status":"publish","type":"post","link":"https:\/\/atozcrypto.org\/microstrategys-crypto-strategy-detailed-news\/","title":{"rendered":"MicroStrategy\u2019s crypto strategy: Detailed news"},"content":{"rendered":"

MicroStrategy, the world’s largest business intelligence company (publicly traded) made its first move to be a member of the Bitcoin<\/a> community. From now onwards, Bitcoin would be considered as a primary, reserved, treasury asset. The company bought 21,454 BTC, for a whopping $250 million on 11th August. The event was announced earlier on July 28 by the CEO.\u00a0<\/span><\/p>\n

According to MicroStrategy CEO, Michael J. Saylor, this move is a reflection of the company\u2019s internal beliefs about Bitcoin and cryptocurrencies<\/a>. He thinks that BTC can be a lucrative investment asset and has a lot more potential than traditional money. This move has garnered attention and appraisal from experts, all over the world (including, Preston Pysh, and Grayscale CEO Barry Silbert).\u00a0<\/span><\/p>\n

Barry described the move as a smart move. Market statistics agree with his comment, as MicroStrategy\u2019s stock price increased by 5.7%. Also, the price of Bitcoin has increased by 10%. Will this cause a bullish tendency among the community members? How will all these pan out in the future? We will have to keep our eyes and ears peeled. <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

MicroStrategy, the world’s largest business intelligence company (publicly traded) made its first move to be a member of the Bitcoin community. From now onwards, Bitcoin would be considered as a primary, reserved, treasury asset. The company bought 21,454 BTC, for a whopping $250 million on 11th August. The event was announced earlier on July 28 …<\/p>\n","protected":false},"author":1,"featured_media":4073,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"pgc_meta":"","_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[61],"tags":[137,138,139,134,140,136],"aioseo_notices":[],"yoast_head":"\nMicroStrategy\u2019s crypto strategy: Detailed news<\/title>\n<meta name=\"description\" content=\"MicroStrategy, the world's largest business intelligence company (publicly traded) made its first move to be a member of the Bitcoin community.\" \/>\n<meta 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