After hinting at buying more bitcoin on Sunday, Strategy’s co-founder and former CEO, Michael Saylor, announced on X minutes ago that the firm had acquired another 520 BTC for $35 million. Thus, its total holdings have grown to 847,363 units, currently valued at almost $55 billion. What’s more interesting about this announcement is the fact that the NASDAQ-listed business intelligence software company increased its USD reserve a lot more than the BTC acquisition. The Saylor-founded firm made two major bitcoin purchases in the past couple of weeks, both for around…
Read MoreStrategy Buys More Bitcoin but Turns Attention to USD Reserve With $300M Injection
