On this day in 2020, MicroStrategy announced its first purch...

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Kind-1 (TextNote)

2026-08-11T19:10:57Z

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.

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