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MicroStrategy once Again Buys Bitcoin for $15 Million

The story of MicroStrategy CEO Michael Saylor’s journey of going from Bitcoin pessimists to Bitcoin activists is amazing. In 2013 Michael reportedly said that Bitcoin days are numbered. However, now Saylor is considered one of the biggest advocates of Bitcoin in the world. At the moment, he owns 0.266% of all the Bitcoin in his personal capacity. He told the media that he is a HODLer of 18,000 Bitcoin that he had bought for an average price of $9,882.

Saylor is not only investing in Bitcoin in his personal capacity but is also spearheading his business strategy company MicroStrategy to keep on investing in Bitcoin whenever possible. Recently, the NASDAQ registered company has bought around 253 Bitcoin for a price of $15 million. With this recent purchase, the total holdings of MicroStrategy have rounded up to 91, 579 Bitcoin in their possession.

Michael Saylor Announces Free Course for Educating Institutional Investors about Bitcoin

It is no secret that the CEO of Microstrategy is one of the biggest Bitcoin bulls out there. Some time ago, he even managed to sway Elon Musk into investing Tesla reserves in Bitcoin. Saylor’s advocacy for the growth and promotion of Bitcoin is not limited to his frequent tweets only. He has now introduced a set of conferences for corporations to introduce a new course by the name of Bitcoin for everyone.

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In his opinion, Bitcoin presents investors with a lot of possibilities, and with proper knowledge and education, more investors would not be able to understand its true potential. The course is free of cost and has managed to attract 8, 197 participants belonging to 6, 917 different corporations. The ‘Bitcoin for everybody’ program contains five modules in total and provides a certification of qualification after successful completion of the 12 hours duration.

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Michael Saylor Becoming the King of Bitcoin Maximalists All Over the World

The current personal BTC holding of Michael Saylor is about 18,000 coins. Thus far, he has not expressed a wish to liquidate his holdings or turn them into cash. Should he decide to do so, he stands to make $230 million in the market. Considering the average price of his purchase, the gains in profit would be worth $50 million.

Michael’s enthusiasm about Bitcoin is not just for the sake of passion or excitement. He is a man on a mission and knows how to turn it into reality. His corporation has taken a turn for the better since he switched its investment strategy to Bitcoin. Just like Tesla, MicroStrategy stock has gone up several folds since putting stakes in the flagship cryptocurrency.

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Hassan Mehmood (Saudi Arabia)

Hassan is currently working as a news reporter for Tokenhell. He is a professional content writer with 2 years of experience. He has a degree in journalism.

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