MicroStrategy Not Fazed by Musk’s $300 Billion Crypto Market Crash – Continues To Spend Millions On BTC

Bitcoin’s status as a viable asset hasn’t withered even as the market takes a hit from Elon Musk suspending Bitcoin payment for Tesla cars.

In fact, it seems that shrewd entities in the crypto market have grabbed this opportunity to accumulate more coins. One of the largest business intelligence firms in the world, MicroStrategy, is still buying Bitcoin.

In an announcement shared in a tweet by CEO Michael Saylor, MicroStrategy intimates that it has bought an additional 271 BTC worth $15 million at an average price of $55,387 per bitcoin.

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