After $250 Million Bitcoin Buy, MicroStrategy Eyes More

[MRM]

Billion-dollar software firm MicroStrategy made a big Bitcoin purchase last August. But it may not be its last, as a new SEC filing indicates. Billion-dollar business intelligence software firm MicroStrategy made waves last month when it announced to shareholders that it might invest up to $250 million in Bitcoin over the following 12 months… and then just days later, went ahead and did it.

MicroStrategy’s purchase of 21,454 BTC ($229 million as of this writing) was a signal to other public companies that Bitcoin could be used as a serious reserve asset. And now, the company suggests that it may increase its Bitcoin holdings in the future.
Source: https://decrypt.co/41770/microstrategy-more-bitcoin-250-million-reserve