MicroStrategy continues to increase its Bitcoin holdings! The total amount has surpassed that during the bull market of 2021, which undoubtedly reflects its firm belief in the long-term value of Bitcoin💎.

MicroStrategy was founded on November 17, 1989, and is headquartered in Tysons Corner, Virginia, USA. As a publicly traded company on NASDAQ, its stock ticker is MSTR. It is one of the largest independent business intelligence companies in the world, with annual revenues exceeding $500 million. The company was founded by Michael J. Saylor and others. Its product line is rich, covering various fields such as business intelligence analytics platforms, mobile web platforms, information security platforms, and cloud computing platforms, widely used by governments, institutions, and Fortune 500 companies around the world.

MicroStrategy first disclosed its Bitcoin investment plan during a financial report conference call in 2020. In 2024, it has been quite active, acquiring 3,000 Bitcoins for $155 million between February 15 and February 25; spending $623 million to buy 9,245 Bitcoins between March 11 and March 18. Between December 9 and December 15, it spent approximately $1.5 billion to purchase another 15,350 Bitcoins. Currently, the company holds a total of 439,000 Bitcoins, valued at about $45 billion.

Why is it so determined? Where will Bitcoin go in the future?🤔

#Bitcoin #MicroStrategy