MicroStrategy, the largest company to own Bitcoin, has bought an extra 55,500 Bitcoins for about $5.4 billion. This has made people think that the price of Bitcoin could go up to $100,000 this week. MicroStrategy now has 386,700 Bitcoins, which they bought for about $21.9 billion. They have been investing in Bitcoin because they believe it will become more valuable in the future.

The price of Bitcoin is currently around $97,000, and some people are selling their Bitcoins for profit, while others are buying more in the hope that the price will go up. MicroStrategy has been very successful with its Bitcoin investments, making a lot of money.

Source

<p>The post MicroStrategy’s Mega Bitcoin Purchase Fuels Price Rally Hopes first appeared on CoinBuzzFeed.</p>