The software firm, founded by staunch bitcoin advocate Michael Saylor, now holds 205,000 BTC worth around $14.7 billion. MicroStrategy acquired its latest batch of BTC for ~$68,477 per coin, Saylor said in a post on X on Monday. In total, the company acquired the bitcoin for $821.7 million, using the proceeds from the debt raise and excess cash.
The Crypto Industry’s Influence on U.S. Elections is Bigger Than Ever, Industry Insiders Say
"It’s a much more sophisticated operation," Smith said. "I feel like I used to walk around Washington, and people would...