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Bitcoin History on This Day - August 11
On this day in Bitcoin history:
🗓️ August 11, 2020: MicroStrategy @Strategy made history by purchasing $250 million worth of 21,454 BTC, becoming the first publicly traded company to adopt #Bitcoin as a reserve asset. Michael Saylor @saylor: "This investment reflects our belief that Bitcoin... is a reliable store of value and an attractive investment asset, with greater long-term appreciation potential than holding cash."
🗓️ August 11, 2022: BlackRock launched a private trust for spot Bitcoin for U.S. clients, indicating institutional demand despite a sluggish market. "We still see significant interest from some institutional clients..."
August 11 marks a key milestone in mainstream BTC adoption; will today test new highs to celebrate?
#BitcoinHistory
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