MicroStrategy buys $250M worth of bitcoin, says bitcoin is superior to Fiat Currency by Oreoluwa Makinwa

MicroStrategy, a publicly traded business intelligence bought 21,454 bitcoins worth $250M on Tuesday. The total sum was the firm’s planned hedge funds against inflation but it was invested into the digital currency. While stating reasons for bitcoin purchase and the stocks buyback in a Press Statement, the firm (MicroStrategy), worth over $1.2 billion dollars said
The post MicroStrategy buys $250M worth of bitcoin, says bitcoin is superior to Fiat Currency appeared first on CryptoTVPlus.

MicroStrategy, a publicly traded business intelligence bought 21,454 bitcoins worth $250M on Tuesday. The total sum was the firm’s planned hedge funds against inflation but it was invested into the digital currency. While stating reasons for bitcoin purchase and the stocks buyback in a Press Statement, the firm (MicroStrategy), worth over $1.2 billion dollars said […]

The post MicroStrategy buys $250M worth of bitcoin, says bitcoin is superior to Fiat Currency appeared first on CryptoTVPlus.

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