MicroStrategy Adds 7,002 More Bitcoins, Holding 121,044 BTC in Total

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November 30, 2021
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Nasdaq-listed business intelligence firm MicroStrategy has added 7,002 Bitcoins to its totals and is now holding 121,044 Bitcoins worth around $6.8 billion. The latest purchase was announced by CEO and Bitcoin bull Michael Saylor on Monday.

Saylor recently opined Bitcoin had the potential to grow 100x towards a $100 trillion asset class and that it is gaining grounds on gold. He said that “digital gold is going to replace gold this decade.”

Following reports that India is considering a ban on cryptocurrencies, the MicroStrategy executive took to Twitter for some free advice:

On Friday Friday, Saylor reiterated his stance that Bitcoin is a stronger alternative than gold, stating that it “is the only property you can truly own, as well as the first technology capable of granting property rights to everyone on earth”:

MicroStrategy’s latest purchases had already been some time ago. Three months ago the company bagged 5,050 Bitcoin.

The post MicroStrategy Adds 7,002 More Bitcoins, Holding 121,044 BTC in Total appeared first on iGaming.org.

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Author: Peter Siu

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