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MicroStrategy Chairman Reveals Ambitious Bitcoin Acquisition Plans

MicroStrategy's Chairman, Michael Saylor, has shared his plans to purchase as much Bitcoin as possible based on market conditions. The company currently holds almost 153,000 Bitcoins, with almost 500 purchased since June 30th. MicroStrategy's acquisition strategy aims to accumulate Bitcoin on behalf of its shareholders, using cash flows, equity, and debt issuances.

The company's increased market value has allowed it to further its Bitcoin acquisition strategy, with the primary use of proceeds being to acquire more Bitcoin. MicroStrategy's approach has yielded considerable returns, generating a performance of 254% since the strategy's inception three years ago.

Bitcoin Bitcoin $94,869.71
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