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MicroStrategy Bitcoin purchase divides the crypto community By Cointelegraph


© Reuters.

Software analytics company MicroStrategy recently added more (BTC) to the firm’s holdings. Members of the crypto community had mixed reactions to the move.

In a recent tweet, MicroStrategy’s executive chairman Michael Saylor announced that the firm had made another Bitcoin purchase. The move puts the firm’s total BTC holdings at 132,500 BTC, purchased for a total of $4.03 billion but worth only around $2.1 billion at the time of writing. Many commended the move, while some brought up some potential negative effects.