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MicroStrategy CEO Saylor says bitcoin’s near-term volatility largely irrelevant

Bitcoin’s near-term volatility is largely irrelevant once you understand the fundamentals of the leading cryptocurrency and how difficult it would be to create something better, according to MicroStrategy CEO Michael Saylor. “Bitcoin is the most certain thing in a very uncertain world, it’s more certain than the other 19,000 cryptocurrencies, it’s more certain than any stock, it’s more certain than owning property anywhere in the world,” he said in an interview with The Block last week after appearing at CoinMarketCap’s …

MicroStrategy says purchased another $94.2 million worth of bitcoin during December

MicroStrategy added to its ever-growing hoard of bitcoin over the course of December, according to a Thursday disclosure. The publicly traded firm “purchased approximately 1,914 bitcoins for approximately $94.2 million in cash, at an average price of approximately $49,229 per bitcoin,” according to an SEC filing.  “As of December 29, 2021, the Company held approximately 124,391 bitcoins that were acquired at an aggregate purchase price of $3.75 billion and an average purchase price of approximately $30,159 per bitcoin, inclusive of …