MicroStrategy, a business intelligence firm, recently announced that they have purchased an additional 55,000 bitcoins for $5.4 billion. This move further solidifies their commitment to investing in the popular cryptocurrency. This purchase comes after MicroStrategy made headlines for their initial investment in bitcoin back in August 2020. The company now holds a substantial amount of bitcoin in their treasury reserves, showing their confidence in the digital currency’s long-term potential. This latest purchase demonstrates MicroStrategy’s belief in the value of bitcoin as a store of value and an investment opportunity.
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