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A Bitcoin promoter purchases even more of the most popular cryptocurrency.
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Despite the bear market, MicroStrategy has added 480 BTC to its coffers, the business said on June 29.
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Saylor outlined three factors that he believes are weighing on Bitcoin, one of which is the cross-collateralization of altcoins, which he considers unregistered securities.
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According to MicroStrategy CEO Michael Saylor, the company also serves as the first and only bitcoin spot exchange-traded fund in the United States.
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After buying 4,167 more bitcoin for about $190.5 million, MicroStrategy now owns 129,218 coins worth more than $6 billion.
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Michael Saylor, the founder of MicroStrategy, is widely regarded as one of the most outspoken and enthusiastic supporters of cryptocurrency.
A Bitcoin promoter purchases even more of the most popular cryptocurrency.
