Bitcoin Adoption Explosion: MicroStrategy Buys $15 Million Worth Of BTC

MicroStrategy has been pumping Bitcoin like crazy. Michael Saylor has been supporting the adoption of BTC for a really long time now.

It’s been reported that the popular business intelligence and software company MicroStrategy shows no signs that they are planning to slow down the BTC buying spree.

The firm just added more BTC to its portfolio.

The CEO took to Twitter to announce the firm’s latest BTC purchase – this is an addition of 253 BTC.

Crypto Potato online publication noted that Saylor just said that the BTC was bought in cash for $15 million, including fees and other expenses. The average purchasing price for each unit of bitcoin was valued at $59,339, according to the same online publication.

“Currently, MicroStrategy accumulated a total of 91,579 BTC in its portfolio, all of which it had acquired for a whopping $2.226 billion, at an average price of $24,311 per unit of bitcoin,” the same online publication writes.

Also, they noted that “With the leading cryptocurrency trading at $58,300 at the time of writing, the company’s bitcoin investment is worth about $5.3 billion.”

Bitcoin mass adoption explodes

MicroStrategy is promoting not only the buying of BTC but also the mainstream adoption of the digital asset.

According to Crypto Potato, MicroStrategy currently flaunts an education program dubbed “Bitcoin for Everybody” – this is mainly focused on educating retail investors on the benefits they can gain from investing in Bitcoin.”

The mass adoption of BTC and digital assets, in general, has been one of the main goals that the crypto industry has.

There have been made a lot of moves in this direction, and the momentum is still here.

A lot of optimistic Bitcoin predictions are floating in the crypto space these days.

Recently, an important trader named Kaleo notes that BTC will soon be seeing an exponential surge in value within a 24-hour timeframe.

In a new tweet, the analyst known as Kaleo said that it’s just a matter of time before the king coin prints a massive $10k candle.

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