
MicroStrategy Buys 20K Bitcoins, BTC Bull Token Rallies
Source: Bitcoinist Strategy (formerly MicroStrategy) executive chairman, billionaire Michael Saylor, announced a recent 20,356 Bitcoin ($BTC) purchase, raising the company’s $BTC count to 499,096. The purchase cost $1.99B at $97,514 per $BTC, raising Strategy’s overall investment to $33.1B with an average $BTC purchase price of $66,357. Given that Strategy’s $BTC reserves are currently valued at…