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MicroStrategy’s Saylor Announces $209 Million Bitcoin Purchase
According to recent updates from MicroStrategy’s CEO Michael Saylor, the company has expanded its impressive streak of purchasing Bitcoin. In a post on social media, Saylor hinted that he would continue this trend, announcing a staggering $209 million in fresh Bitcoin purchases.
As reported by U.Today, MicroStrategy’s average purchase price for this latest transaction stands at an astonishing $97,837. This comes as Bitcoin faces a slight dip, with the current market price of approximately $93,117, representing a 5.5% decline over the past 24 hours.
It is worth noting that Saylor’s tweet did not provide specific details about his company’s purchasing activity, leaving some to speculate on whether this recent transaction was an isolated incident or part of a larger strategy.
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Source: u.today
