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MicroStrategy’s Michael Saylor Purchases a Further 3,000 Bitcoin for $155 Million
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.