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Michael Saylor Buys Bitcoin After Brief Pause
The Block·
Michael Saylor's MicroStrategy has acquired an additional 535 bitcoin for approximately $43 million. This purchase marks a return to buying after a short hiatus, bringing the company's total bitcoin holdings to an impressive 818,869 BTC. The firm continues its strategy of accumulating the cryptocurrency, signaling ongoing confidence in its long-term value as a store of value and potential hedge against inflation. This move aligns with their established approach to treasury management, prioritizing digital assets.
Tags
crypto
fintech
Original Source
The Block — theblock.co