in Business News, Cryptocurrency, Global News, Readers Corner, United States

MicroStrategy buys bitcoin for $1.11 billion, increasing the amount of bitcoin it owns.

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Once again, MicroStrategy (MSTR) is in the news because it bought more Bitcoin (BTC-USD) worth $1.11 billion. With this important buy, the company now has over 244,000 Bitcoin coins. This move shows that MicroStrategy is still committed to investing in cryptocurrencies. Catechists co-hosts Seana Smith and Madison Mills go into more information about this new development. Do not miss MicroStrategy CEO Michael Saylor’s full August chat with Yahoo Finance for a more in-depth look. To see more expert advice and the most recent market news, click here to watch the full episode of Catalysts.

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