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MicroStrategy Buys $250M of Bitcoin
MicroStrategy, a public business intelligence company, just bought $250M in
Bitcoin as part of their capital allocation strategy. You heard that
right. Michael J. Saylor, CEO of MicroStrategy, just announced that the
company bought Bitcoin as a way to avoid inflation. MicroStrategy is
spending roughly 60% of their treasury on Bitcoin.
Article posted 8 months ago
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