MicroStrategy Purchases Additional $175 Mln Bitcoin's.

MicroStrategy Purchases Additional $175 Mln Bitcoin's.

2020-09-15 | Robin Williams

MicroStrategy Purchases Additional $175 Mln Bitcoin's.

MicroStrategy founder ‘Michael Saylor’, recently today revealed that his company has acquired an additional $175 Mln in Bitcoin [BTC] within single purchase.

While adding further on twitter, Saylor said that his business intelligence company had completed the acquisition of around 16,796 Bitcoin [BTC] recently on Monday.

MicroStrategy Purchases Additional $175 Mln Bitcoin's.

This has significantly hiked the entire size of MicroStrategy's bitcoin holdings up to 38,250 Bitcoin [BTC] - worth roughly around $416 Mln at the present prices.

MicroStrategy added that the SEC [Securities and Exchange Commission] on Monday that it "may further hike" its Bitcoin holdings above the $250 Mln purchased earlier in the month of August.

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