MicroStrategy Inc (NASDAQ:MSTR), the largest corporate holder of Bitcoin (CRYPTO: BTC), expanded its Bitcoin holdings in November. Spearheaded by its CEO Michael Saylor, the company added 16,130 BTC to its treasury.
What Happened: Reacting to this news, billionaire investor Galaxy Digital CEO Mike Novogratz said, “Michael Saylor is a legend!!!”
Novogratz said, "MSTR traded up vs BTC during a month that they sold 600mm of stock and bought corn!! Tells me that there is a ton of pent up institutional demand for the ETF that's coming…"
@saylor is a legend!!! Think about this. MSTR traded up vs BTC during a month that they sold 600mm of stock and bought corn!! ...