MicroStrategy calls Crypto “Superior” to Cash, Buys $250 Million in Bitcoin
August 12, 2020
Business Intelligence publicly traded firm MicroStrategy buys 21,454 bitcoin this Tuesday, putting effectively all of its $259 million of its planned inflation-hedging amount into the digital currency. Opening its cryptocurrency buy with an equivalent stock buyback this week, on Tuesday Securities & Exchange Commission filing, a Nasdaq-listed software firm, MicroStrategy, of $1.2 billion, said the […]