https://www.businesswire.com/news/home/20200811005331/en/MicroStrategy-Adopts-Bitcoin-Primary-Treasury-Reserve-Asset
NASDAQ listed Microstrategy have bought 21,000 or so BTC.
“This investment reflects our belief that Bitcoin, as the world’s most widely-adopted cryptocurrency, is a dependable store of value and an attractive investment asset with more long-term appreciation potential than holding cash. Since its inception over a decade ago, Bitcoin has emerged as a significant addition to the global financial system, with characteristics that are useful to both individuals and institutions. MicroStrategy has recognized Bitcoin as a legitimate investment asset that can be superior to cash and accordingly has made Bitcoin the principal holding in its treasury reserve strategy.”
I'll be interested to see how many other stories of this nature pop into our consciousness in the coming months and years. I'll bet a fair few others are quietly building positions still.
Topic: [2020-08-11] MicroStrategy Adopts Bitcoin as Primary Treasury Reserve Asset - page 3. (Read 443 times)
August 11, 2020, 07:23:02 AM
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