MicroStrategy Invests Additional $2B in Free-Falling Bitcoin, Could Resurrect Altcoins like BTC Bull Token 💰
MicroStrategy, under the leadership of executive chairman Michael Saylor, made headlines with a substantial Bitcoin investment. The company purchased 20,356 Bitcoin, increasing its total holdings to 499,096 BTC.
Costing $1.99 billion at $97,514 per Bitcoin, MicroStrategy's total investment in the cryptocurrency now amounts to $33.1 billion, with an average purchase price of $66,357.
This strategic move could potentially invigorate altcoins like the BTC Bull Token, as MicroStrategy's Bitcoin reserves are valued at $46 billion.
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