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Why MicroStrategy Went All In On Bitcoin

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As of Aug. 26, MicroStrategy holds 108,992 Bitcoins acquired at purchase price of $2.918B, or an average price of $26,769 per Bitcoin.MicroStrategy currently owns 0.005% of Bitcoin's circulating supply, valued at $5.08B.This article analyzes 'Bitcoin theory', or the logic behind why MicroStrategy went all in on Bitcoin.

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