Michael Saylor has confirmed that MicroStrategy has been buying Bitcoin every day this week as part of their ongoing investment strategy. Despite Bitcoin's price dropping below $95,000, the company continues to increase their holdings, which now exceed 640,000 Bitcoins. The funds for these purchases come from selling stocks, indicating that MicroStrategy firmly believes that Bitcoin is a good long-term investment and an effective hedge against inflation. This consistent buying strategy shows their confidence in the future of Bitcoin, even in the face of short-term market fluctuations.
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