Great news! MicroStrategy invests another $1 billion in Bitcoin!

NGK.IO
3 min readMar 4, 2021

According to the latest news, MicroStrategy recently announced that it has purchased another US$1.026 billion worth of bitcoin, which is also the largest bitcoin investment ever made by this listed company.

It is understood that MicroStrategy’s investment in Bitcoin is second only to Tesla’s US$1.5 billion investment. Some people predict that it may become the non-crypto company with the most Bitcoin configuration in the future, because the CEO, Michael Saylor has been pursuing a currency acquisition strategy and has now regarded it as a company mission.

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With Saylor’s constant admiration for Bitcoin, MicroStrategy has become a major supporter of companies investing in Bitcoin.

Earlier, Saylor said in an interview: “BTC will be used as a saving method by about 1 billion of mobile terminal users in the next five years. Moreover, the ultimate purpose of BTC is not consumption, but being used as a savings tool, people’s value exists in it, just like a savings account.”

Obviously, Saylor’s current attitude towards Bitcoin is different from other people in the market, because in the eyes of many people, Bitcoin has been denied by the US financial sector and the European Central Bank, which is a fatal blow to Bitcoin. Moreover, at present, there is also a large outflow of Bitcoin funds, and even the number one fan of Bitcoin, Musk, is also worried about the price of Bitcoin. It can be said that Bitcoin is currently in dire straits. Saylor’s purchase of Bitcoin is undoubtedly a support for the Bitcoin market.

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However, in any case, Bitcoin is still far from the brink of collapse. In other words, Bitcoin will not collapse in the future.

This is because if there is commercial value in the capital market, someone will invest; if someone invests, there will be a chance to make money.

The NGK blockchain is a worthy investment project. It is designed based on the DPOSS consensus mechanism. Besides, it also integrates graphene technology and distributed storage technology. It can produce blocks quickly, has a high storage capacity, and can support millions of TPS transactions.

In addition, the NGK blockchain also launched NGK native token, USDN stablecoin, BGV governance token, SPC token and VAST token. Every token can be traded, especially VAST, which has great prospects and is worth grabbing for mining.

NGK Blockchain

This is because VAST is a computing power token, and computing power is the king, no one can question this. The value of VAST as a computing power token is even more difficult to estimate. Coupled with its scarcity and difficulty in obtaining, the possibility of becoming a high-fold token in the future is extremely high.

In addition, the NGK blockchain has also created the NGKEX, an ecological exchange to support the transactions of its mainstream currencies on the chain. At the same time, the NGKEX will serve as an ecological medium to connect the trading and circulation of various sidechain tokens of NGK. In the future, as the number of trading currencies provided on the NGKEX increases, it will surely become the first choice of hundreds of millions of users!

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