MicroStrategy’s all-in Bitcoin strategy is the financial equivalent of a high-stakes poker table. They’ve all but gambled the farm based on one card. The issue really isn’t if they can win, it’s if they should be trying to play this hand in the first place. And how long?A Financial House...
MicroStrategy, led by Michael Saylor, has made a historic long bet on Bitcoin, accumulating a $63 billion portfolio. This defensive strategy has overtaken the financial world. It has fueled vehement controversy over whether it’s a bold, visionary, transformative plan or a dangerous, reckless gamble. Even as the company enjoyed enormous...
MicroStrategy, the biggest corporate holder of Bitcoin has set an aggressive target to own 1,050,000 BTC by 2027. To raise capital for these efforts, the company made headlines when it recently bought $1 billion of Bitcoin, purchasing the cryptocurrency at an average price of $70,666 per Bitcoin. Whatever his motivations,...
MicroStrategy's massive Bitcoin accumulation – now sitting on 592,100 BTC, valued at a staggering $63 billion – isn't just about balance sheets and shareholder value. It's a potential earthquake that could reshape Africa's financial landscape. You may view this as yet another corporate treasury best practices. I see it as...
MicroStrategy, the software company headed by vocal Bitcoin evangelist Michael Saylor, is sending shockwaves through the cryptocurrency space. The company adopted an aggressive Bitcoin accumulation policy. The company's recent activities, including a substantial Bitcoin purchase, plans for further acquisitions, and significant unrealized gains, have solidified its position as a major...