MicroStrategy, a software analytics business, has increased its holdings of Bitcoin. The decision drew varied responses from some in the crypto community. Michael Saylor, the executive chairman of MicroStrategy, revealed the company’s most recent Bitcoin acquisition in a tweet. The transaction brings the company’s total BTC holdings to 132,500 BTC, which were acquired for $4.03 billion in total but are currently only worth about $2.1 billion. Some pointed out some possible drawbacks, while others applauded the action. MicroStrategy has increased its #Bitcoin Holdings by ~2,500 #BTC. As of 12/27/22 @MicroStrategy holds ~132,500 bitcoin acquired for ~$4.03 billion at an average The post MicroStrategy Bitcoin Purchase Splits the Crypto Community appeared first on Cryptoknowmics-Crypto News and Media Platform .
