MicroStrategy’s Unwavering Commitment to Bitcoin
MicroStrategy, the world’s largest publicly traded corporate holder of $BTC, stays committed to its Bitcoin acquisition strategy despite recent market fluctuations. 👍
CEO Phong Le announced during the firm’s Q1 earnings call that the company plans to continue purchasing Bitcoin with excess cash and net proceeds from capital markets transactions. Currently, MicroStrategy holds 140,000 Bitcoins, purchased at an aggregate cost of $4.2 billion.