Billionaire Michael Saylor's Company Just Bought This Popular Cryptocurrency
Popular(BPOP) The Motley Fool·2024-11-19 14:10
MicroStrategy is still holding a lot of Bitcoin.Bitcoin's (BTC 1.24%) price has more than doubled this year and is currently hovering near its all-time high. Some investors might be wary of chasing that rally, but one of Bitcoin's biggest bulls -- MicroStrategy's (MSTR 12.96%) billionaire Executive Chairman Michael Saylor -- isn't backing down.Under Saylor's direction, MicroStrategy bought its first $250 million of Bitcoin in 2020. By Nov. 10, 2024, its holdings had grown to 279,420 Bitcoins with an overall ...