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MicroStrategy’s Michael Saylor Announces $209 Million Bitcoin Acquisition
In a recent announcement, MicroStrategy CEO Michael Saylor revealed that the company has made another significant investment in Bitcoin. This time, the company has purchased $209 million worth of the digital currency.
Saylor hinted at this massive acquisition by posting his Bitcoin purchasing tracker on social media, revealing that the company’s average purchasing price was $97,837 per coin. As of now, Bitcoin is trading at a lower price point of $93,117, representing a 5.5% drop over the past 24 hours.
This latest investment brings MicroStrategy’s total Bitcoin holdings to an impressive sum, further solidifying the company’s commitment to the cryptocurrency market.
Source: u.today
