MICROSTRATEGY BUYS $1 BILLION OF BITCOIN AS CEO PREDICTS 100-FOLD PRICE INCREASE Cryptocurrency

Contribute Subscribe Microstrategy’s bitcoin investment is the latest major acquisition of the cryptocurrency by the software firm o Microstrategy’s bitcoin investment is the latest major acquisition of the cryptocurrency by the software firm o (Getty Images) will ‘subsume the entire gold market cap,’ Michael Saylor says Anthony Cuthbertson Thursday 25 February 2021 15:08 Sign up to our free IndyTech newsletter Email I would like to be emailed about offers, events and updates from The Independent. Read our privacy notice Software giant Microstrategy has purchased more than $1 billion worth of bitcoins to bring its total cryptocurrency holdings to above $4.5bn worth. The company announced on Wednesday that it had acquired an additional 19,452 bitcoins at an average price of $52,475.