MicroStrategy, a well-known platform for business analytics has recently made a purchase of $50 million in Bitcoin. CEO of MicroStrategy, Michael Saylor revealed the information via a tweet on Friday afternoon. The tweet read as "MicroStrategy has purchased approximately 2,574 bitcoins for $50.0 million in cash in accordance with its Treasury Reserve Policy, at an average price of approximately $19,427 per bitcoin. We now hold approximately 40,824 bitcoins."