Microstrategy buys 7,002 more bitcoins and grows crypto supply to 121,044 BTC-News

Microstrategy bought a further 7,002 bitcoins for $ 414.4 million in cash at an average price of $ 59,187 per Bitcoin. On November 29, 200, we hold bitcoins, which were purchased for ~ 3.57 billion USD, at an average price of ~ 29,534 USD per Bitcoin.

At the time of the letter, the price for Bitcoin is $ 57,095.58 based on data from bitcoin.com-markets . This means that Microstrategy's bitcoins now have a value of more than $ 6.9 billion.

Recently discussed Saylor that Bitcoin for a Investment class . He found that Bitcoin wins against gold and claimed that "digital gold will replace gold this decade". The Bitcoin market capitalization is currently around $ 1.11 trillion.

In addition, the Microstrategy Manager said that he was not worried about the regulation that is discussed in Washington at all, and found that they would have an impact on security token, decentralized finance (defi) stock exchanges, crypto exchanges and other applications from cryptocurrencies that are not Bitcoin. In his opinion, "Bitcoin is not to be stopped as digital property".

On Friday, Saylor tweeted: "Bitcoin offers better inflation protection than gold and grows faster than Big Tech." He believes the btc is the only property that you can really own, as well as the first technology that can grant every person on earth on earth. " He emphasized: "Over time, we will understand that it is concentrated energy in digital form and crucial for the progress of our civilization."

Commenting of reports that the Indian government could try, cryptocurrency Bitcoin and Ether, said the Microstrategy boss: