MicroStrategy’s Game-Changing Move: Converting $1.1B in Shares to Bitcoin
MicroStrategy’s Game-Changing Move: Converting $1.1B in Shares to Bitcoin MicroStrategy, a business intelligence company, made headlines recently with its groundbreaking decision to allocate a significant portion of its cash reserves to Bitcoin. In August 2020, the company announced it would invest $425 million in purchasing approximately 16,796 bitcoins, making it one of the largest corporate…