Golden Finance reports that Wang Feng, the founder of Blueport Interactive, recalled in a post today seeing the news that MicroStrategy plans to raise $42 billion in funding over the next three years, which reminded him of a regrettable past. In 2019, he had proposed that the company invest $20 million in purchasing Bitcoin (which at that time was priced at less than $6,000 per coin), but he faced strong opposition from board members and a representative of a major shareholder who threatened legal action. It wasn't until early 2023, after Wang Feng resumed the role of CEO, that the company began to implement its Bitcoin investment plan, but by then, the price of Bitcoin had already risen to $26,000 per coin. MicroStrategy only began to purchase Bitcoin in large quantities in 2020, and if Blueport Interactive had executed the investment plan in 2019, it could have realized significant gains. According to Wang Feng, in 2019, his publicly listed company and its associated companies had nearly 500 million yuan in cash.

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