MicroStrategy’s Latest Purchase Pushes Holdings to Over 1% of Bitcoin’s Total Supply
MicroStrategy, a well-known business intelligence company and self-proclaimed pioneer in Bitcoin development, has once again grabbed attention with its latest action in the cryptocurrency realm.
MicroStrategy, a software company known for its interest in bitcoin, recently bought more bitcoins. They used $623 million to purchase 9,245 bitcoins, each costing around $67,400. This money came from $592.3 million raised through a special type of loan and $30.7 million from their extra cash.
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