MicroStrategy purchases $1 billion of Bitcoin

Business Intelligence software giant MicroStrategy has announced it has purchased an additional $1 billion worth of Bitcoin at $52,000 a coin, bringing its total holdings to over 90,000 Bitcoin! This follows on the news 2 weeks prior of Tesla purchasing $1.5 billion worth of Bitcoin, sending the price of the crypto asset up to $58,000 last week, before a sharp 2 day correction earlier this week. Bitcoin and the entire crypto currency market is in a once in 4 year bull market, sending speculators to invest in promising blue chip cryptocurrencies like Ethereum, Cardano, and more. Read more here: https://www.cnbc.com/2021/02/24/microstrategy-buys-more-than-1-billion-worth-of-bitcoin-adding-to-massive-holdings.html