MicroStrategy, a Nasdaq-listed software company, purchased 7,420 Bitcoins at an average price of 61,750 $ between September 13-19. The purchase was funded with proceeds from a $1.01 billion convertible note issuance. đ°
The companyâs total Bitcoin holdings have reached 252,220 BTC, worth approximately 16 billion $ . MicroStrategy became the largest institutional Bitcoin holder with BTC purchases since 2020. đ
Share your thoughts in the comments! Do you think other companies should follow this strategy? đ€
