THELOGICALINDIAN - Microstrategy appear today that it purchased 15 actor account of Bitcoin The companys CEO Michael Saylor tweeted this morning that his aggregation had bought about 253 BTC bringing its absolute backing to about 91579 BTC In his cheep Saylor said that the companys latest buy was at an boilerplate amount of 59339 per Bitcoin which is about 1600 beneath the cryptocurrencys alltime high
With Bitcoin prices aerial about the $59,000 mark at the time of writing, Microstrategy’s accepted backing bulk to added than $52 billion dollars. Since his company’s aboriginal Bitcoin acquirement aftermost August, Saylor has remained abundantly bullish on his bet. When Microstrategy’s $550 actor banknote assets ran dry from purchasing Bitcoin, he aloft a $650 actor accumulated band to buy alike more. This February, the aggregation aloft addition $1.05 billion in a bonds-for-Bitcoin offering.
Saylor Remains Incredibly Bullish on Bitcoin
With ultra-low accumulated absorption rates, Saylor has declared that he would adopt to affair debt now to buy Bitcoin. It’s additionally been appear that he has a claimed captivation account added than $1 billion dollars.
Microstrategy Shares Recover from Recent Tech Correction
Following a abreast 50% abatement in banal amount from contempo highs, MicroStrategy’s banal has antipodal from its declivity alongside the NASDAQ Composite. Its shares traded at $720.55 today into bazaar close.
