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The 10th richest man in the world is posting about Bitcoin and must be interested in MicroStrategy's past 4 years!
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MicroStrategy in 2020:
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Market Cap = $1.3B
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Treasury = $425M
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MicroStrategy in 2024:
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Market Cap = $25.67B(+20x)
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Treasury = $14B(+33x)
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Dell in 2024:
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Market Cap = $102B
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Treasury = $14B(+33x)
Michael Dell has a controlling vote at his company, and like Saylor, has the power to deploy his company's melting treasury into Bitcoin.
The most interesting part of this story?
Even if Dell deployed their entire cash balance into Bitcoin today, they would still have less than half the Bitcoin MSTR holds.
Dell is 78.6x larger than MicroStrategy was when they began buying Bitcoin in 2020.
The first mover advantage is critical to understand, and it looks as if other publicly traded companies are waking up to this and buying Bitcoin.
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DEFI Technologies = ~$7M Bitcoin buy
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Semler Scientific = ~$190M Bitcoin buy
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Metaplanet = ~$10M Bitcoin buy