MicroStrategy, led by Michael Saylor, buys another $2 billion worth of Bitcoin

MicroStrategy, led by Michael Saylor and the biggest corporate holder of bitcoin, has purchased an additional 27,200 BTC for $2 billion. With a total acquisition cost of $11.9 billion, the company is currently profiting by approximately $11 billion. Meanwhile, stablecoin liquidity and bitcoin transactions are on the rise, and the ETH/BTC ratio has dropped to its lowest level since April 2021.