Assets, Bitcoin

How Much Bitcoin Does MicroStrategy Own?

MicroStrategy, a publicly traded business intelligence company, has made a big bet on Bitcoin.

The company has invested $425 million in the cryptocurrency, buying 21,454 bitcoins. That gives MicroStrategy a total of 38,250 bitcoins, worth about $2.

19 billion at current prices.

The move makes MicroStrategy one of the biggest corporate holders of Bitcoin. The company says it sees Bitcoin as a “long-term strategic investment.”

MicroStrategy’s CEO Michael Saylor is a well-known Bitcoin bull. He has been vocal about his support for the cryptocurrency, and has even urged other companies to buy Bitcoin.

The company’s bet on Bitcoin comes as the cryptocurrency’s price has surged to new highs. Bitcoin hit a record high of $41,940 on January 8, and is up more than 20% since the start of the year.

The price of Bitcoin has been volatile in recent years, but has generally trended upwards. The cryptocurrency is seen by some as a store of value and hedge against inflation, while others view it as a speculative investment.

MicroStrategy’s investment in Bitcoin is a gamble, but one that could pay off if the cryptocurrency continues to rise in value.

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