Michael Saylor’s MicroStrategy Purchased 18.3K More Bitcoins for $1.1B
The firm now holds over 244,800 bitcoin, founder Michael Saylor said in an X post.
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The firm now holds over 244,800 bitcoin, founder Michael Saylor said in an X post.
The Executive Chairman of MicroStrategy spoke Friday at Bitcoin 2024.
The company was the owner of 190,000 bitcoin as of the end of January.
A large increase in demand coupled with lower supply should set the stage for higher prices in 2024, he told Bloomberg.
The company added to its holdings in November.
Michael Saylor’s software company has invested billions of dollars into the world’s largest token by market capitalization. And the bet is slowly paying off.