MicroStrategy, a Business Intelligence company, has increased its Bitcoin holdings to 252,200 BTC after making two recent acquisitions. This represents 1.276% of the circulating supply of Bitcoin and positions MicroStrategy as one of the largest corporate holders of Bitcoin in the world. The company's CEO, Michael Saylor, has been vocal about his belief in Bitcoin as a better investment than fiat currency and a hedge against inflation. MicroStrategy's continuous accumulation of Bitcoin demonstrates its confidence in the asset for the long term and highlights the growing acceptance of Bitcoin by institutions.
- Content Editor ( cryptonewsland.com )
- 2024-09-25
With 252,200 BTC, Is MicroStrategy Preparing for Bitcoin’s Next Big Move?