The Daily Hodl
2020-08-11 15:09:48

MicroStrategy Purchases $250,000,000 in Bitcoin, Says Top Crypto Can Maximize Long-Term Value for Shareholders

MicroStrategy, the largest publicly-traded business intelligence company, says it just used $250 million of its balance sheet capital to buy Bitcoin. In a press release, the firm says its purchase of 21,454 BTC is designed to maximize long-term value for its shareholders. “This investment reflects our belief that Bitcoin, as the world’s most widely-adopted cryptocurrency, […]The post MicroStrategy Purchases $250,000,000 in Bitcoin, Says Top Crypto Can Maximize Long-Term Value for Shareholders appeared first on The Daily Hodl.

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