Bittime - MicroStrategy, a multinational financial company based in the United States, has again stolen the attention of the crypto world with their big decision to buy up Bitcoin. In the latest announcement, MicroStrategy Executive Chairman, Michael Saylor, revealed that the company had successfully acquired 12 thousandBitcoins.
Big Investment with Big Implications
This massive purchase was made at a fantastic value, reaching US$821 million or the equivalent of IDR 12.7 trillion. This indicates MicroStrategy's strong commitment to this main crypto asset, with total coin ownership reaching 105 thousand.
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Belief in Bitcoin's Growth Potential
Even though Bitcoin prices have now reached quite high levels, with an average purchase price of around US$33,706 per coin, MicroStrategy remains optimistic about the long-term growth potential of this asset. With this latest acquisition, MicroStrategy has secured nearly 1% of the total supply of 21 million Bitcoins that will exist.
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Strengthening Position in the Crypto Market
This major move confirms MicroStrategy's position as one of the major players in the crypto space, as well as demonstrating their confidence in Bitcoin's future as a valuable and promising asset. Undoubtedly, this decision will affect the crypto market as a whole and become a topic of conversation among investors and crypto observers around the world.
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You can buy and sell crypto assets in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
To be able to buy crypto assets on Bittime , make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. Learn Complete Guide How to Buy Crypto on Bittime .
Monitor price chart movements of Bitcoin (BTC) , Ethereum (ETH) , Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
Also Read:
MicroStrategy's Bitcoin Is Worth More Than The Company Itself
MicroStrategy Offers $500 Million to Hunt for More Bitcoin
Bitcoin: Is It Possible to Hit $10 Million by 2045?
DISCLAIMER : This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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