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Michael Saylor, co-founder and executive chairman of business intelligence company MicroStrategy, went on a Bitcoin (BTC) buying spree in 2020 that has since paid off in a major way.
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MicroStrategy, the intelligence and software company known for its investment in Bitcoin, has released plans to double down on its holdings of the digital currency.
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Despite reports of a hack on the X (formerly Twitter) social media account of MicroStrategy, a well-known enterprise software company headquartered in Tysons Corner, Virginia, the firm has once again increased its Bitcoin (BTC) holdings by purchasing an additional 3,000 BTC this month.
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MicroStrategy, the renowned business intelligence firm founded by Bitcoin (BTC) advocate Michael Saylor, has witnessed a significant increase in its holdings as Bitcoin continues to soar to new heights, bolstered by the introduction of Bitcoin spot exchange-traded funds (ETFs).
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Software company MicroStrategy is not relenting on its ‘Bitcoin Strategy’ as a recent development suggests. The company’s co-founder, Michael Saylor, revealed that the firm had ramped up its BTC holdings following another acquisition of the flagship crypto token.
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