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...