Buy the Dip: MicroStrategy Purchases Over $1B Bitcoin in 2020

MicroStrategy holds about 70,470 Bitcoins, worth over $1.59 billion.

As Bitcoin (BTC)’s price dips, MicroStrategy announced it purchased over $1.12 billion of Bitcoin, as of Dec 21, 2020. It recently added 29,646 BTC to its Bitcoin stash for a total $650 million. Early December, MicroStrategy launched its debt security sale to raise funds for buying Bitcoin. The debt offering ultimately raised $650 million up […]