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Michael Saylor: IGNORES FUD BUYS 12,000 BITCOIN | EP 769

Simply Bitcoin

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Crypto Firm Prime Trust Placed Into Receivership

MicroStrategy now owns one out of every 140 Bitcoin. This move from Nevada comes only days after custodian Bitcoin, Bitco, withdrew its bid to acquire Prime Trust. It also follows a cease and desist order issued by the state which claimed that Prime Trust was on the verge of insolvency. The company owes $69.5 million in crypto and holds $68.6 million in crypto assets.

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