Institutional · August 11, 2020
MicroStrategy buys $250M in BTC
Price at event
$11,760
Today
$73,525
Since then
×6.3
Michael Saylor announces the first corporate-treasury allocation. By 2026 MicroStrategy holds over 200,000 BTC. The corporate-treasury playbook for Bitcoin starts here.
⸺ Sources ⸺
- newsMicroStrategy Buys $250M in Bitcoin, Calling the Crypto 'Superior to Cash' (CoinDesk, Aug 11 2020) ↗
- newsMicroStrategy becomes first listed company to buy bitcoin as part of its capital allocation strategy (Yahoo Finance, Aug 11 2020) ↗
- referenceMicroStrategy — Wikipedia (Bitcoin treasury section) ↗