MicroStrategy Purchases 2,395 Bitcoins in 2 Months

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MicroStrategy has bought 2,395 Bitcoins between November 1 and December 21.

According to the company founder Michael Saylor, his team will not abandon the accumulative strategy, even if the digital currency continues to get cheaper.

On the contrary, the company will take advantage of low prices and increase reserves in Bitcoin.

MicroStrategy raised in March $205 million from investors and used the funds to buy cryptocurrency.

The lender was Silvergate, after which the software giant bought 4,167 BTC. According to the filing with the SEC, MicroStrategy purchased 2,395 Bitcoins in November-December at an average price of $17,782 per coin.

Louis Adams https://www.satoshihodler.com

I am an experienced crypto news writer. I have been in the industry for many years and believe this tech can bring financial freedom to everyone.