MicroStrategy Makes Fresh Bitcoin Buy Giving Trigger for Bull Run
In the latest announcement, MicroStrategy chief Michael Saylor announced that the software intelligence firm has bought a 12,333 Bitcoin on Tuesday. In a message on Twitter, Saylor wrote: advertisement MicroStrategy has acquired an additional 12,333 BTC for ~$347.0 million at an average price of $28,136 per #bitcoin . As of 6/27/23 @MicroStrategy hodls 152,333 $BTC acquired for ~$4.52 billion at an average price of $29,668 per bitcoin. Ever since their making entry into Bitcoin back in September 2022, MicroStrategy has been periodically purchasing Bitcoins at regular intervals. The company has managed to hold strong even during the crypto winter of 2022. Michale Saylor has been one of the biggest advocates of Bitcoin and believes it to be a strong store of value under the current inflationary conditions in the global economy. Furthermore, Saylor has been a strong advocate of Bitcoin’s Layer-2 scalability platform i.e. the Lightning Network, and believes t...