2 years ago
Bitcoin-accumulating bundle institution MicroStrategy volition proceed investing successful the cryptocurrency contempt the caller descent successful the asset's value, the company's CFO said.
CEO Michael Saylor has made bitcoin acquisition a cardinal extremity for the company. As of the extremity of 2021, MicroStrategy held astir 124,391 bitcoin, which it had purchased astatine an mean terms of $30,159.
The crypto marketplace has mislaid $1.3 trillion successful worth successful the past 2 months, with bitcoin sinking arsenic debased arsenic $33,000 connected Monday this week.
“Our strategy with bitcoin has been to bargain and hold, truthful to the grade we person excess currency flows oregon we find different ways to rise money, we proceed to enactment it into bitcoin,” Phong Le said.
UPDATE (Jan. 25, 11:54 UTC): Changes photograph.
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