MicroStrategy Adds 3,000 Bitcoins, Now Holds 193,000 BTC
MicroStrategy has added another 3,000 Bitcoins to its holdings, bringing the total to 193,000 BTC. The company spent approximately $155 million on the purchase, with an average price of $51,813 per token between February 15 and 25. MicroStrategy CEO Michael Saylor has expressed continued confidence in the future of cryptocurrency and sees Bitcoin as a long-term store of value and hedge against inflation. The company's aggressive accumulation of Bitcoin has raised concerns among some investors and analysts, but MicroStrategy appears to believe that the benefits outweigh any potential risks.
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