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Bitcoin Backer MicroStrategy Pours $25 Million More Into Cryptocurrency
04 Feb 2022, 05:10 PM IST i

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Bitcoin is currently trading just over $36,000.
MicroStrategy, a US-based business-intelligence software company, has bought additional Bitcoin worth $25 million (roughly Rs 187 crore) in cash during the recent crash. Michael Saylor, its CEO, said his company has bought another 660 Bitcoins at an average price of $37,865 (roughly Rs 28.35 lakh) per Bitcoin. MicroStrategy is reportedly the biggest corporate investor of the world's largest cryptocurrency by market value. The company...
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