MicroStrategy To Announce Another Major Bitcoin (BTC) Purchase

According to its May 18 SEC filing, the business intelligence company has purchased yet another $10 million worth of Bitcoin at an average price of $43,663 per coin.

It currently holds 92,079 Bitcoins that are worth an estimated $2.251 billion.

Notably, MicroStrategy announced its previous $15 million purchase less than a week ago on May 13. The announcement came in an apparent show of support shortly after Tesla suspended Bitcoin payments due to environmental concerns.

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