MicroStrategy Planned $2B Bitcoin Purchase: How BTC Price May React

Earlier this month, MicroStrategy made headlines by announcing plans to potentially inject up to $2 billion into its already massive Bitcoin portfolio. In its Q2 financial results, the company revealed it had acquired 12,222 BTC during the quarter for $805.2 million, bringing its total Bitcoin holdings to 226,500 tokens. This substantial Bitcoin reserve solidifies MicroStrategy, The post MicroStrategy Planned $2B Bitcoin Purchase: How BTC Price May React appeared first on Coin Edition .