Microstrategy Bitcoin purchase divides the crypto community
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In a recent tweet, MicroStrategy’s executive chairman Michael Saylor announced that the firm had made another Bitcoin purchase. The move puts the firm’s total BTC holdings at 132,500 BTC, purchased for a total of $4.03 billion but worth only around $2.1 billion at the time of writing. Many commended the move, while some brought up some potential negative effects.
A community member praised the MicroStrategy chairman, calling him a “rock star” whose mission is to bank the unbanked. Others celebrated the new development by pledging that they would join in and buy more Bitcoin themselves.
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