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   Technology StocksMicroStrategy Inc. (MSTR)

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From: Glenn Petersen11/26/2020 3:17:47 PM
1 Recommendation   of 710
 
In August, MicroStrategy purchased 21,454 bitcoins at an average price of $11,653. Total investment: $250 million.

Blockchain and Cryptocurrencies Message Board - Msg: 32879305 (siliconinvestor.com)

h/t Claude Cormier


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To: robert b furman who wrote (706)3/22/2021 9:27:23 AM
From: Sr K
   of 710
 
Further, today

MicroStrategy itself is a Bitcoin holder that keeps 91,326 Bitcoin (approximately $5,256,277,062) as an inflation hedge, after buying another BTC portion of 262 coins recently.

As covered by U.Today earlier, in December Saylor addressed Elon Musk with a tweet suggesting that he is converting the Tesla balance sheet from USD to Bitcoin.

After answering Musk's question about the possibility of such large transactions, Saylor offered to share his order book with the Tesla CEO offline: "from one rocket scientist to another."

Saylor graduated from MIT, where he studied aeronautics, which also makes him a rocket scientist.

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