MicroStrategy CEO, Michael Saylor, buys $400 Million Bitcoin (BTC)

MicroStrategy has gone very macro with its CEO, Michael Saylor, announcing the company has bought another $400 million worth of bitcoin up to this Monday. They say:

“On November 29, 2021, MicroStrategy Incorporated (the “Company”) announced that during the fourth quarter of the Company’s fiscal year to date (the period between October 1, 2021 and November 29, 2021), the Company purchased approximately 7,002 bitcoins for approximately $414.4 million in cash, at an average price of approximately $59,187 per bitcoin, inclusive of fees and expenses.

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