MicroStrategy’s Michael Saylor strikes back and announces purchase of an additional 271 Bitcoin

On the heels of Tesla’s announcement to suspend Bitcoin payments for vehicle payments over environmental concerns, MicroStrategy’s Michael Saylor shared on Twitter that his company had purchased an additional 271 BTC, at a cost of $55,387 per coin. The company now holds over 90,000 Bitcoin.

On a ‘personal note’, Saylor also stepped up a few hours ago in defense of Bitcoin after its carbon footprint was once again used to bring the cryptocurrency in discredit.

In a series of tweets Saylor outlined Bitcoin’s “Seven Layers of security of Bitcoin”, a must (short)read for anyone interested in cryptocurrency:

Coming back to Tesla’s announcement, Musk confirmed to still be a believer of cryptocurrency, however his concerns mainly regarding coal as an energy source remains. Something that Saylor could agree with:

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