Microstrategy’s Plan for Bitcoin
Microstrategy is the largest institutional investor in Bitcoin, purchasing non-stop during the last 2 years, buying billions and billions of Bitcoin for its portfolio. But this is not stopping here.
Microstrategy’s CEO, Michael Saylor, stated recently:
“Choosing Bitcoin as our main investment scheme has made us to outstand from the competition in the market while it upgraded our brand globally”.
This strategy started when the coronavirus when the company started to invest its excess cash into Bitcoin, to diversify its portfolio. This move was developed into a larger strategic position, when the company started to borrow money (with its Bitcoin as collateral) to buy even more Bitcoins.
We wait to see if this bet will profitable for the company, and personally for Michael Saylor…..