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2026-08-11 19:10:57 UTC

bitcoin.rocks on Nostr: On this day in 2020, MicroStrategy announced its first purchase of Bitcoin — 21,454 ...

On this day in 2020, MicroStrategy announced its first purchase of Bitcoin — 21,454 BTC for $250 million — becoming the first publicly traded company to adopt BTC as its primary treasury reserve asset.

CEO Michael Saylor called it a hedge against inflation.