MicroStrategy makes largest ever Bitcoin buy
Under Michael Saylor’s leadership, MicroStrategy (NASDAQ: MSTR) has become the publicly-traded company that has most closely tied its prospects to leading cryptocurrency Bitcoin (BTC). The business is the largest corporate holder of Bitcoin — and there are no signs to indicate that its accumulation strategy is slowing down. With the bull market already in full swing and BTC set to cross the $100,000 threshold any time soon, MSTR shares have benefited greatly. Chart detailing MicroStrategy’s Bitcoin accumulation. Source: Bitcoin Archive on X Saylor and MicroStrategy keep doubling down and purchasing BTC regardless of market conditions — but for now, it obviously seems to be working, as the accumulation strategy is outpacing even the most fervent miners — more to the point, it’s actually outperforming BTC itself. At press time, one Bitcoin was worth $97,930,000 — after a 46% rally on the monthly chart that has brought YTD gains up to 132.03%. ...