Microstrategy, which has a large investment in Bitcoin, purchased $47 million worth of Bitcoin, according to the statement of its founder Michael Saylor. Saylor drew attention by announcing the purchase in his statement, which he published immediately after Donald Trump's Presidential Inauguration Ceremony speech, saying, “The company of the 47th President of the United States purchased $47 million worth of BTC.” The average price for the purchase has not yet been shared, and the announcement did not fit the company's usual pattern of purchase announcements. According to the latest information, the company holds $46.48 billion worth of BTC, excluding the latest purchase, and they were purchased for an average of $62,661. Related News: LIVE updates from Donald Trump's Inauguration! Here's All You Need to Know, Minus All Unnecessary Details Saylor is known to have supported Trump throughout his campaign. Trump, who made history as the first cryptocurrency-friendly president of the United States, promised to establish a Bitcoin Strategic Reserve in the United States. *This is not investment advice. Continue Reading: BREAKING: Right After Trump’s Speech, Bitcoin Bull Michael Saylor Released a Statement – He Bought Bitcoin Again! Here is the Amount and Details
