MicroStrategy Adds 855 BTC to Its Portfolio

In a fresh move that reinforces his bullish stance on Bitcoin, Michael Saylor‘s company, MicroStrategy, has acquired 855 Bitcoin for approximately $75 million. The announcement confirms that the enterprise software firm remains committed to expanding its already massive crypto reserves.

This recent acquisition aligns with MicroStrategy’s strategy of using corporate funds, and sometimes proceeds from stock offerings, to invest in Bitcoin as a primary treasury asset. Despite Bitcoin’s recent price volatility, Saylor appears unfazed, continually stating that Bitcoin is superior to holding cash.$BTC

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