MicroStrategy, a technology company, has announced its plan to become a "Bitcoin Bank" after purchasing the cryptocurrency for the first time at a price above $100,000. The CEO of the company revealed that the plan is to create financial instruments based on Bitcoin and invest the funds raised at interest rates higher than traditional ones. With its aggressive purchasing strategy, MicroStrategy is well positioned to achieve this goal, as it currently holds 423,650 BTC. Additionally, MicroStrategy's stock price has significantly increased, and the company recently entered the Nasdaq 100. Meanwhile, Bitcoin reached a new all-time high above $106,500.



Other News from Today