🇧🇷 It's one thing for Retail to accumulate $BTC like crazy, it's another for Institutional. 🧐 If companies only aim to hold #BTC then they are really doomed to failure of their shares due to volatility ✍️ But if some of them invent or discover a new use beyond the financial one... then even the States will go crazy in this race. 🤪

MicroStrategy CEO Michael Saylor announced today that his company has purchased an additional 5,262 Bitcoin. The purchase cost $561 million and continues its ongoing BTC acquisition plan.

However, since the company was added to the NASDAQ-100, rumors have been circulating that the company may pause these purchases in January.

Saylor buys even more Bitcoin

With the latest acquisition, this is MicroStrategy’s third Bitcoin purchase in December alone. Last week, the company purchased $1.5 billion worth of BTC at an average price of $100,386. Under Saylor’s leadership, the company has become one of the largest holders of Bitcoin in the world and shows no signs of stopping.