MicroStrategy’s investment in bitcoin has reached a significant milestone, with the company’s holdings now valued at over $10 billion as BTC rises above $52,000. This achievement underscores MicroStrategy’s steadfast commitment to bitcoin as a long-term store of value and a hedge against inflation.
JUST IN: MicroStrategy’s #Bitcoin holdings are now worth over $10 BILLION 🤯 pic.twitter.com/JhbGYtAmAI
— Bitcoin Magazine (@BitcoinMagazine) February 15, 2024
Since its initial foray into Bitcoin in August 2020, MicroStrategy has consistently increased its holdings, viewing bitcoin as a key component of its treasury strategy. The company’s executive chairman, Michael Saylor, has been a very big vocal advocate for Bitcoin, citing its potential to preserve purchasing power over time.
The company’s continued accumulation of Bitcoin highlights its confidence in Bitcoin’s ability to deliver superior returns compared to traditional investment assets. Last week, the business intelligence comp
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