What was the cost of Bitcoin acquisition by MicroStrategy?

3 answers

• Dec 31, 2021 · 3 years ago
  MicroStrategy acquired Bitcoin at a cost of $250 million. This strategic move was aimed at diversifying their investment portfolio and gaining exposure to the potential growth of the cryptocurrency market. By investing in Bitcoin, MicroStrategy aims to hedge against inflation and preserve the value of their assets. This acquisition showcases their confidence in the long-term prospects of Bitcoin as a store of value and digital asset.
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• Dec 31, 2021 · 3 years ago
  The cost of Bitcoin acquisition by MicroStrategy was approximately $250 million. This significant investment demonstrates MicroStrategy's belief in the future of Bitcoin and its potential to serve as a hedge against traditional fiat currencies. By allocating a substantial amount of their capital to Bitcoin, MicroStrategy aims to benefit from the expected growth and value appreciation of the cryptocurrency.
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• Dec 31, 2021 · 3 years ago
  According to reports, MicroStrategy acquired Bitcoin at a cost of $250 million. This move highlights their commitment to diversifying their investment portfolio and exploring alternative assets. By investing in Bitcoin, MicroStrategy aims to capitalize on the potential upside of the cryptocurrency market and mitigate risks associated with traditional financial markets. This acquisition also reflects their confidence in the long-term viability and value proposition of Bitcoin.
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