so MicroStrategy Inc recently disclosed that they bought more than three hundred bitcoins and they spent fifteen million dollars to be able to buy it......
after the announcement by the company,the shares of the company surged at 6.6% in premarket trading on Monday after the disclosure happened.......
The microstrategy inc made it known that they actually paid an average price which was really about $45,710 per bitcoin, and that actually included the expenses and fees....
it is interesting to see how more companies are beginning to invest more on bitcoin because they now see cryptocurrencies as a safe haven,i expect more companies to invest on bitcoin before end of this year..
and the investments will keep pumping up the price of bitcoin and of course many other altcoins will follow suit....
bitcoin price is expected to reach and stay above $50000 before end of march if it breaks its current resistance level on the market
i would love to see those big companies invest on the hive ecosystem and the LEO token....the LEO is a valuable crypto and i believe that more investments on it will really be valuable because the LEO is a wonderful crypto that has a bright future...