MicroStrategy’s Bitcoin Frenzy: $27.7 Billion Bet on BTC Continues

TL;DR MicroStrategy acquired 5,262 BTC for $561 million, consolidating its total reserves at 444,262 BTC, with an accumulated value of $27.7 billion. Institutions, governments, and funds now control 31% of all BTC in circulation, demonstrating MicroStrategy’s impact on corporate adoption of BTC. Michael Saylor projects that Bitcoin could reach $13 million per coin in the ... source: https://crypto-economy.com/microstrategys-bitcoin-frenzy-27-7-billion-bet-on-btc-continues/