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time.” data-reactid=”19″ type=”text”>A publicly-traded company called MicroStrategy made waves last month for allotting some of its strategic capital into bitcoin — some $250 million, as reported at the time.

indicated that it saw bitcoin and other alternative investments as a means to avoid inflation, noting that “it makes sense to shift our treasury assets into some investments that can’t be inflated away or are less likely to be inflated away.”” data-reactid=”20″ type=”text”>MicroStrategy had previously indicated that it saw bitcoin and other alternative investments as a means to avoid inflation, noting that “it makes sense to shift our treasury assets into some investments that can’t be inflated away or are less likely to be inflated away.”

A new filing from September 14 indicates that the company might be eyeing additional bitcoin purchases. ” data-reactid=”21″ type=”text”>A new filing from September 14 indicates that the company might be eyeing additional bitcoin purchases. 

The new filing follows a September 11 board meeting, during which new Treasury Reserve Policy was adopted.

“Under the new Policy, treasury reserve assets will consist of (i) cash, cash equivalents, and short-term investments (“Cash Assets”) held by the Company that exceed working capital needs and (ii) bitcoin held by the Company, with bitcoin serving as the primary treasury reserve asset on an ongoing basis, subject to market conditions and anticipated needs of the business for Cash Assets, including future potential share repurchase activity,” the filing states, adding:” data-reactid=”27″ type=”text”>“Under the new Policy, treasury reserve assets will consist of (i) cash, cash equivalents, and short-term investments (“Cash Assets”) held by the Company that exceed working capital needs and (ii) bitcoin held by the Company, with bitcoin serving as the primary treasury reserve asset on an ongoing basis, subject to market conditions and anticipated needs of the business for Cash Assets, including future potential share repurchase activity,” the filing states, adding:

“As a result of this new Policy, the Company’s holdings of bitcoin may increase beyond the $250 million investment that the Company disclosed on August 11, 2020.”

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