Posted 12/27/2023, 7:00:00 PM
MicroStrategy Goes All In On Bitcoin, Now Holds $8 Billion Worth After Recent $616 Million Purchase
- MicroStrategy now owns almost 190,000 bitcoins worth over $8 billion
- The software company added 14,620 new tokens worth $616 million in the past month
- MicroStrategy's stock has soared 350% year-to-date as bitcoin has rallied
- The company began buying bitcoin 3 years ago after CEO Michael Saylor called it "digital gold"
- Analysts predict bitcoin could hit $100,000-$150,000 by 2025