Cryptocurrencies
MicroStrategy Buys $10 Million Bitcoin in Middle of Crypto’s Big Chill
- The company bought 480 more Bitcoin between May and June
- CEO Michael Saylor is staying bullish on Bitcoin’s prospects
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Michael Saylor’s Bitcoin-backed tech firm MicroStrategy Inc. bought another 480 coins worth about $10 million at the height of the crypto market collapse.
The firm purchased the coins between May 3 and June 28 for about $20,817 each, according to paperwork filed with the US Securities and Exchange Commission Wednesday.