Saylor: Best Strategy is a Bitcoin Strategy, MicroStrategy Stocks Up 1,206%
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MicroStrategy, led by founder Michael Saylor, remains committed to its Bitcoin-centric investment approach. On August 1, 2024, the company bolstered its Bitcoin portfolio by acquiring 169 Bitcoins for $11.4 million. While the market conditions were fluctuating, MicroStrategy's decision to expand its Bitcoin holdings signals persistent confidence in the cryptocurrency's potential. The firm's stock performance, which has surged by 1,206%, further emphasizes the perceived value and long-term benefits of this strategy.
Source: www.thecoinrepublic.com ↗