MicroStrategy’s Michael Saylor Purchases a Further 3,000 Bitcoin for $155 Million
![MicroStrategy’s Michael Saylor Purchases a Further 3,000 Bitcoin for $155 Million](https://dailybusinessinvestor.com/wp-content/uploads/2024/02/1708966492-1708965922649_processed-dxm6nb-800x457-2.jpg)
Michael Saylor, CEO of MicroStrategy, a business software company, continues to display his high belief in Bitcoin as a valuable asset. It’s reported that Saylor purchased an additional 3,000 Bitcoins worth about $155 million for the company’s cryptocurrency holdings. MicroStrategy’s latest acquisition further shows the company’s strategic initiative to invest in digital assets. This move reflects Saylor’s long-term confidence in Bitcoin as a store of value and effective hedge against inflation.