Thriller Insights - S4EP4: Bitcoin Retractions
This week, MicroStrategy chose to invest $250 million in Bitcoin.
coming from CoinDesk
Publicly traded business intelligence firm MicroStrategy purchased 21,454 bitcoin on Tuesday, effectively pouring all $250 million of its planned inflation-hedging funds into the digital currency.
Earlier this week, American software company MicroStrategy announced it was investing $250 million in Bitcoin to protect against inflation fears and a grim economic outlook. It was a major endorsement in the cryptocurrency space.
But it wasn’t always destined to be this way. Back in 2013, MicroStrategy’s CEO Michael Saylor, who led the announcement, predicted the death...
coming from CoinDesk
Publicly traded business intelligence firm MicroStrategy purchased 21,454 bitcoin on Tuesday, effectively pouring all $250 million of its planned inflation-hedging funds into the digital currency.
Earlier this week, American software company MicroStrategy announced it was investing $250 million in Bitcoin to protect against inflation fears and a grim economic outlook. It was a major endorsement in the cryptocurrency space.
But it wasn’t always destined to be this way. Back in 2013, MicroStrategy’s CEO Michael Saylor, who led the announcement, predicted the death...
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