MicroStrategy CEO Michael Saylor Invest $10M More In Bitcoin, Buy the Dip
MicroStrategy, the business intelligence firm, bought another 314 more Bitcoin worth $10 million today. The Bitcoin market plummets closer to 15% earlier today, bringing the price of Bitcoin (BTC) to $28,810.
The CEO Michael Saylor, mentioned in a tweet that the bought Bitcoin cost an average of $31,808. SEC filing confirms the purchase of the 314 coins, and the firm now holds a total of 70,784 Bitcoin in total. The organization raised $650 million in debt securities with the idea of investing further towards Bitcoin.
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