MicroStrategy founder: “Bitcoin scales just fine as a store of value”
Stefan Crypto
Adoption
3 years ago
1 QCP
NASDAQ-listed business intelligence company MicroStrategy founder Michael Saylor has stated that Bitcoin “scales just fine as a store of value”. He made the remarks through his Twitter account after the company acquired an additional 21,454 BTC ($234.6 million).
The acquisition was through 78,388 off-chain transactions. According to Saylor, the Bitcoin is under a cold storage with 18 on-chain transactions.
By September 14th, 2020, MicroStrategy purchased 16,796 additional bitcoins at an aggregate purchase price of $175 million. The company’s total Bitcoin now has a total aggregate purchase price of over $425 million.
https://finbold.com/microstrategy-founder-bitcoin-scales-just-fine-as-a-store-of-value/
The acquisition was through 78,388 off-chain transactions. According to Saylor, the Bitcoin is under a cold storage with 18 on-chain transactions.
By September 14th, 2020, MicroStrategy purchased 16,796 additional bitcoins at an aggregate purchase price of $175 million. The company’s total Bitcoin now has a total aggregate purchase price of over $425 million.
https://finbold.com/microstrategy-founder-bitcoin-scales-just-fine-as-a-store-of-value/
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