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Michael Saylor Says MicroStrategy Made Daily Bitcoin Purchases

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Credit : coinpedia.org

Michael Saylor confirmed that MicroStrategy was shopping for Bitcoin each day this week as a part of its ongoing technique. Though the value of Bitcoin fell beneath $95,000, the corporate continued to develop its holdings, now exceeding 640,000 BTC. The purchases had been financed by promoting shares, demonstrating MicroStrategy’s robust perception that Bitcoin is an effective long-term funding and a hedge in opposition to inflation. This regular buy reveals their confidence in Bitcoin’s future, regardless of the short-term ups and downs.

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