MicroStrategy, the company known for being the largest holder of Bitcoin in the world, has reached a new milestone. Starting from May 31, the company will be included in the global stock index MSCI World, a significant recognition that reflects its growing role in the global financial landscape.
With Bitcoin holdings currently valued at $13.5 billion, MicroStrategy’s addition to the index was followed by a surge in the price of its shares, which have increased by over 87% since the beginning of the year.
The rise, the goal of MicroStrategy and the role of Bitcoin
Founded in 1989, MicroStrategy is a business intelligence, software, and cloud services company. However, in recent years, it has become better known for its aggressive investment strategy in Bitcoin. Under the guidance of its CEO, Michael Saylor, MicroStrategy began accumulating Bitcoin in 2020, seeing the cryptocurrency as a store of value superior to cash.
This strategy has led MicroStrategy to massively pu
We współpracy z: https://en.cryptonomist.ch/2024/05/15/microstrategy-enters-the-msci-world-global-stock-index-a-new-milestone-for-the-largest-holder-of-bitcoin/
