Manhattan

Michael Saylor, the CEO of MicroStrategy, compared the company's Bitcoin purchase strategy to real estate development in an interview with CNBC. He claims Bitcoin is like "cyber real estate" and provides long-term investment value similar to real estate in New York's financial center.

Large-Scale Bitcoin Purchase Strategy

MicroStrategy recently announced the purchase of an additional 15,350 Bitcoin on Monday, bringing the total amount the company owns to 439,000 BTC, worth approximately $46 billion. To achieve this, the company utilized convertible loans and stock issuance.