MicroStrategy (NASDAQ:MSTR) co-founder Michael Saylor has called traditional bonds "toxic" and said companies should turn to investing in bitcoin (BTC-USD), even as the company continues its BTC buying spree. Companies can either "cling to the past" with ...

MicroStrategy has now surpassed 450,000 Bitcoin, worth around $40 billion, after purchasing an additional 2,530 BTC for $243 million between Jan. 6-12, 2025.

Key Takeaways Bitcoin briefly dropped below $90,000 early Monday, for the first time since November after a wild week of trading.Concerns around the Federal Reserve pulling back on rate cuts due to recent economic data may have made bitcoin investors nervous.

MicroStrategy just added $243 million worth of Bitcoin to its corporate treasury, which is currently worth more than $41 billion.

MicroStrategy, the business intelligence firm known for its aggressive Bitcoin acquisition strategy, has added another 2,530 BTC to its reserves. According to an 8-K filing with the Securities and Exchange Commission on Monday,