Gracy Chen, CEO of cryptocurrency exchange Bitget, said that the speculative trading inherent in the former cryptocurrency market is becoming a thing of the past, and institutions are increasingly interested in building reserves based on Bitcoin, but caution is necessary for companies trying to copy MicroStrategy's Bitcoin investment strategy model, because new entrants face much higher Bitcoin prices than when MicroStrategy first bought it. If the price of Bitcoin suddenly falls, companies that use leverage to buy Bitcoin will also face greater risks: while the price of the cryptocurrency may fall, the debt liability will not. (BusinessInsider)