The move comes after nearly two years since PayPal enabled users to buy and sell crypto on its platform.
Prime Minister Giorgia Meloni's new bill also includes an incentive for those declaring crypto for tax purposes.
Microstrategy is now holding approximately 132,500 bitcoin following its most recent purchases.
According to the data collected from The Block, bitcoin miners’ revenue hit $9.55 billion in 2022.
The investor drained $110 million in cryptocurrencies from the platform.