MicroStrategy Buys 0.1 Percent Of Total Bitcoin Supply
In the midst of massive quantitative easing, a global pandemic and uncertainty for the future of the U.S. dollar, a whopping 21,454 BTC was just swiped off the market by intelligence and mobile software company MicroStrategy. Bitcoin Twitter picked up on the news yesterday when Matt Walsh and Nic Carter shared the story, but it became public knowledge in a MicroStrategy filing with the U.S. Securities and Exchange Commission. A MicroStrategy press release indicates that the firm had been planning the move as part of a capital allocation strategy that it