Strategic Investment in Digital Assets: MicroStrategy Expands Cryptocurrency Holdings

MicroStrategy has made another significant acquisition in the world of cryptocurrency, announcing the purchase of 15,350 Bitcoins for a staggering $1.5 billion. This move comes as no surprise to many industry experts and enthusiasts, who are now wondering if this development could be a catalyst for the price of Bitcoin to reach new heights.

The latest acquisition brings MicroStrategy’s total holdings to an impressive 439,000 BTC, acquired at a cost of $27.1 billion. The average purchase price is an astonishing $61,725 per Bitcoin.

Source: http://www.cryptonewsz.com