MicroStrategy has made headlines again with its latest acquisition of Bitcoin, 22,048 BTC under Michael Saylor, at an average of $86,969/BTC, for $1.92 billion. This brings the sum of Bitcoins owned by the company to 528,185 BTC, valued at around $35.63 billion.
Further, this asserts its position as one of the major players in the corporate landscape regarding tax on cryptocurrencies. The acquisition was financed by proceeds from sales of stocks and convertible debt offerings as an insight into MicroStrategy’s continued strategic investment in Bitcoin.
