Odaily Planet Daily News MicroStrategy's stock performance over the past two years has outperformed almost all large U.S. stocks. Its co-founder and chairman Michael Saylor's unconventional decision to purchase Bitcoin four years ago to offset inflation has driven a gain of over 1700%. MicroStrategy has shifted from using cash flow to issuing convertible notes to buy Bitcoin and plans to explore other ways to fund more purchases. Saylor stated that he is essentially borrowing money at an interest rate of 1% to buy Bitcoin. Bloomberg expects that next year's new accounting rules will turn the loss-making MicroStrategy into a profit, as Bitcoin assets will be revalued at market value, potentially leading to a net profit of $2 billion for the company next year, while it is expected to incur a loss of about $200 million this year. (Bloomberg)

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