Decrypt ••1 min read
Michael Saylor's MicroStrategy Buys $2.13B in Bitcoin, Reaching 9-Month High
The Signal TakeBullish
According to reports, MicroStrategy, led by Michael Saylor, has purchased $2.13 billion worth of Bitcoin, marking a nine-month high. The company's strategy is reportedly evolving beyond a simple corporate treasury approach. Instead, the firm is moving towards establishing a Bitcoin-backed financial platform, according to the report. The development suggests a continued strong belief in Bitcoin as a core asset for MicroStrategy.
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