MicroStrategy currently holds Bitcoin valued at over $10 billion.

Kabir903

MicroStrategy's investment in Bitcoin has reached a significant milestone, with the value of its holdings surpassing $10 billion as Bitcoin trades above $52,000. This achievement underscores MicroStrategy's steadfast commitment to Bitcoin as a long-term store of value and hedge against inflation.

Since first entering the Bitcoin market in August 2020, MicroStrategy has been consistently accumulating Bitcoin, viewing it as a key component of its treasury strategy. The company's CEO, Michael Saylor, has been a vocal advocate for Bitcoin, suggesting its potential to preserve purchasing power over time.

The ongoing accumulation of Bitcoin by the company highlights its confidence in Bitcoin's ability to provide superior returns compared to traditional investment assets. Last week, the business intelligence firm deemed itself the "world's first #Bitcoin development company."

As Bitcoin continues to gain mainstream acceptance and recognition as a legitimate asset class, MicroStrategy's substantial investment positions the company as a significant player in the industry. With Bitcoin approaching its all-time high of nearly $69,000, MicroStrategy's decision to allocate a significant portion of its treasury reserves to BTC has yielded substantial returns.

Nimmi373

This value is quite high.

Pooja193

That's exceeded by quite a bit.

Jafar224

I wonder if he will sell it?

Jiten171

At what level of investment is considered a milestone, according to you?