Michael Saylor, the founder of MicroStrategy, said Tuesday his company acquired an additional $175 million in bitcoin (BTC) in a single purchase.
FRIDAY, SEPT. 18th
In what is the first, but likely won’t be the last, public company MicroStrategy (MSTR) has put nearly $500 million of their cash reserves into Bitcoin.
As the company announced in their Q2 earnings call, “ if you have large dollar values and you're hoping for any kind of return on them, that's faded. Gold, silver, and bitcoin are showing strength.”
