
MicroStrategy has recently made another massive investment in the cryptocurrency market by purchasing 15,350 Bitcoins for a staggering $1.5 billion. This significant acquisition has led many analysts to predict that the price of Bitcoin (BTC) could soon reach new all-time highs.
According to a press release, the company acquired the digital currency at an average price of $100,386 per Bitcoin, marking its sixth purchase in as many weeks. The total number of Bitcoins now held by MicroStrategy stands at 439,000, with a combined value of approximately $27.1 billion.
Source: http://www.cryptonewsz.com