American business intelligence and software development company, MicroStrategy Incorporated has scooped up yet another 205 Bitcoins at an average price of approximately $48,888 per coin and at an estimated value of $10 million.
This duly positions the company as the publicly-listed company with the most aggressive buy-up stance on Bitcoin.
At the time of the latest purchase announcement, the company is HODLing approximately 91,064 Bitcoins acquired for about $2.196 billion and at an average price of $24,119 per Bitcoin. This BTC holding is the highest when compared with other Wall Street firms electric automaker, Tesla Inc, and payment services firm, Square Inc turning to Bitcoin as their Treasury Reserve Asset.
MicroStrategy Is Not Slowing Down Soon
MicroStrategy, under the leadership of its Chief Executive Officer Michael Saylor, appears not to be slowing down in its drive to acquire as many Bitcoins as possible at every given opportunity. Despite criticisms from some…