
MicroStrategy, a business intelligence and analytics software company, has made another significant purchase of Bitcoin (BTC), despite the cryptocurrency’s recent price plunge.
According to the latest information available, MicroStrategy has acquired approximately 1,000 more Bitcoins at an average purchase price of around $45,000. This latest move marks yet another significant investment in the asset by the company.
It is important to note that this news comes amid a significant downturn in Bitcoin’s value, with many analysts predicting further volatility and potential long-term damage to the market.
Source: u.today