Micro Strategy, a big fan of Bitcoin, once again showed its support for these cryptocurrencies. The company sells $ 1 billion of its own stock to buy bitcoins in return.
Yesterday, Microstrategy sold about $ 500 million worth of the company's stock and bought 11,900 bitcoins in return. Following the news, the company's stock value grew by 12%.
Micro Strategy CEO Michael Silver has announced that the company is continuing to invest in bitcoin and will continue to do so, following the release of documentation files from the US Securities and Exchange Commission (SEC). This is not the first time the company has announced its investment in Bitcoin.
Of course, microstrategy has not only been active in the field of bitcoin buying, but also, according to Michael Silver, the company is working hard to raise public awareness about this market and to set up a bitcoin mining council. Has played a prominent role. Microstrategy is a big fan of Bitcoin and also shares its cryptocurrency activities on Twitter.
In early June, the CEO of Micro-Strategy tweeted that he had an important meeting with some bitcoin miners in North America. The group agreed to form the Bitcoin Mining Council with the aim of resolving some cryptocurrency issues, including the issue of transparency in energy use, as well as accelerating its sustainability around the world.
The cryptocurrency market, despite its fluctuations, is booming every day and more users are joining the field. Studies by Crypto.com show that the number of currency crypto users in the world has exceeded 100 million for the first time.
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