MicroStrategy has announced its biggest Bitcoin purchase to date
After its most recent purchase, MicroStrategy's total holdings have now swelled to almost $23 billion. The firm's average purchase price is now approaching the $43,000 mark. Bitcoin Might Still Crash to Zero, Top Angel Investor Claims
Earlier today, the price of Bitcoin hit yet another record high of $82,379 after surging by nearly 19% within just one week. The company recently announced that it intended to raise a total of $42 billion in the long term in order to finance its Bitcoin purchases. As reported by U.Today, MicroStrategy co-founder Michael Saylor recently predicted that nation-states might end up adopting Bitcoin as their treasury asset. Alex Dovbnya is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets.
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