Post
Topic
Board Economics
Re: MicroStrategy Buys $250M in Bitcoin, Calling the Crypto ‘Superior to Cash’
by
cryptoWODL
on 10/10/2024, 23:13:48 UTC
MicroStrategy holds more Bitcoin than the 🇺🇸 US government



Source : https://x.com/BitcoinNewsCom/status/1843683439461183885?t=jyVvrxhy56zlZRPVaalZyQ&s=19
Yes, when the MicroStrategy company purchased 12,000 Bitcoins worth $821.7 million on March 11, 2024, they surpassed the US government to become the sixth largest Bitcoin holder in the world. Because after buying Bitcoins on March 11th, the total number of Bitcoins held by MicroStrategy Company was 205,000 Bitcoins. That was about 1761 bitcoins more than the bitcoins currently held by the US government. Now they have another chance to cross the Grayscale and rise to fifth place. If Michael Saylor takes another step to purchase Bitcoin, his company may be able to overcome Grayscale.