Saylor’s MicroStrategy Buys Another $177M of Bitcoin
10 min ago•1 min read•Bitcoin
Virginia-based MicroStrategy (NASDAQ: MSTR) has added another 3,907 bitcoins to its vast trove of the original cryptocurrency.
MicroStrategy's stock, which some investors use as a proxy for the price of bitcoin, has sunk from highs of $1,273 in March to $718 as of press time. The price of bitcoin is down 2% over the last 24 hours, changing hands at $49,191.30 at time of publication.