speaking “We’ve done a lot of the upfront thinking to consider how we might pay employees should they ask to be paid in Bitcoin, how we might pay a vendor if they asked to be paid in BTC and whether we need to have BTC on our balance sheet.”
purchased about 4,709 BTC worth $50 millionBefore the Square announcement, MicroStrategy revealed its first Bitcoin purchase in August. MicroStrategy’s initial BTC purchase was 21,454 at an aggregate price of $250 million. Since then, the company has continued adding Bitcoin to its treasury reserve.