MicroStrategy Inc Company Buys Over 19,000 Bitcoin Today! - Kakiforex | Forex markets for the smart money. MicroStrategy Inc Company Buys Over 19,000 Bitcoin Today! MicroStrategy Inc Company Buys Over 19,000 Bitcoin Today!

February 25, 2021

MicroStrategy Inc Company Buys Over 19,000 Bitcoin Today!

 MicroStartegy Inc, a Bitcoin supporter in the corporate industry, has just announced that it has bought another 19,452 bitcoins worth almost $ 1.03 billion.


Shares of MicroStrategy, which is one of the largest companies in the world in the business and trade sectors, has recorded an 8% increase in shares since this report was announced. The price of Bitcoin also continued to soar to almost $ 50,000.


CEO Michael Saylor has become one of the crypto enthusiasts and expressed his full support for Bitcoin. Bitcoin has made him even more excited as its value continues to rise.



Earlier, MicroStrategy Inc in one report reported that their company would issue a debt letter that would raise nearly $ 1 billion through the sale of the instrument and use the proceeds to buy more bitcoin.


The company informed that it will increase revenue and as an initiative to increase investment in crypto. The company now owns nearly 90,531 bitcoins, earned at an average purchase price of around $ 23,985 per bitcoin.


The price of Bitcoin has now soared to the price level of $ 49,585 for one Bitcoin.