Date: 2023-06-28T18:04:04Z Creator: Bitfolio Academy
MicroStrategy just acquired more than 12,000 Bitcoin for a whopping $347 million! This brings their total to an astounding 152,333 BTC. With limited Bitcoin trading on the US stock market, the surge of investment in MicroStrategy stock on NASDAQ is an indication of the public’s enthusiasm for this incredible asset.
Bitcoin is becoming attractive for institutional investors. More and more, BTC is seen as a unique and viable way to store value – it’s beginning to rival gold! The increased institutional investment speaks volumes.
Will Microstrategy’s purchases open the door for mainstream Bitcoin adoption? I can’t wait to find out!
Let me know in the comments. 🤔
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