#MicroStrategyAcquiresBTC Since 2020, under the leadership of CEO Michael Saylor, MicroStrategy has adopted Bitcoin as its main reserve asset. The company began purchasing BTC as a strategy to protect its cash against the devaluation of the dollar. With this, it became the largest public company holding Bitcoin.
Currently
• MicroStrategy owns more than 190,000 BTC, which represents one of the largest Bitcoin holdings in the world among private companies.
• It continues to buy Bitcoin regularly, using both cash and equity and debt issuance to finance these acquisitions.
• This model has caused the company's stock price (MSTR) to closely follow the value of Bitcoin, since much of its strategy is tied to the cryptocurrency.
Future and Predictions
• Michael Saylor remains a strong supporter of Bitcoin and believes that the price of the currency could rise significantly in the coming years.
• The company intends to continue accumulating BTC, reinforcing the idea that Bitcoin can replace gold as a store of value.
• However, there are risks: If the price of Bitcoin drops sharply, MicroStrategy could face financial problems due to its debt and aggressive buying strategy.
If Bitcoin continues to rise, MicroStrategy could become one of the most profitable companies in the industry. But if there is a sharp drop, it could face difficulties.