Is MicroStrategy founder right or wrong about Bitcoin?
Explore the possible consequences and impact of an incorrect prediction by one of Bitcoin's most fervent advocates.
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Explore the possible consequences and impact of an incorrect prediction by one of Bitcoin's most fervent advocates.
A few days ago, Microstrategy, a US-listed company known for its accumulation of Bitcoin (BTC), released its fourth quarter financial report for 2023.
MicroStrategy® Incorporated (Nasdaq: MSTR) ("MicroStrategy" or the "Company") today announced financial results for the three-month period ended December 31, 2022.
The company shows no signs of selling its holdings, believing Bitcoin a superior asset to cash or gold.
New data indicates that the company stood a bigger chance of more profits if it had opted for Ethereum (ETH).
The business software firm owns about 130,000 bitcoins worth approximately $2.7 billion on its balance sheet.
He extended his praise for Bitcoin’s (BTC) features, terming the flagship cryptocurrency as a channel towards freedom.
MicroStrategy, the largest institutional Bitcoin (BTC) buyer, entered an agreement with two agents to sell its aggregated class A common stock worth $500,000,000.
The business intelligence firm now owns a total of 129,218 BTC.
MicroStrategy will not be taking a break from buying and hodling Bitcoin any time soon according to a letter to investors from the company’s CEO, Michael Saylor.