#微策略持续增持BTC **Summary in One Sentence:**

MicroStrategy is crazily buying Bitcoin, simply put, the company's boss treats Bitcoin as 'digital gold' to hoard, betting on future price surges while also combating inflation and the devaluation of the dollar.

Detailed Breakdown of Reasons:

1. The boss is a 'die-hard fan' of Bitcoin

- CEO Michael Saylor is a fervent believer in Bitcoin, shouting daily on Twitter that 'Bitcoin is the best asset in human history,' even saying 'I'd rather buy Bitcoin than hold cash.'

- Company strategy shift: Originally lukewarm in enterprise software, they decided to go all-in on Bitcoin, directly transforming into a 'Bitcoin concept stock' to attract attention and funds.

2. Combatting inflation and dollar devaluation

- Disdain for cash turning into waste paper: The Federal Reserve is printing dollars like crazy, and the cash on the company's books is being eroded by inflation at 2%-5% per year, feeling it’s better to convert it into Bitcoin (with a total supply of 21 million, the more you hoard, the less there is).

- Beautifying financial reports: Recording Bitcoin as a 'digital asset,' its price increase can enhance the company's book value (though a decrease could also lead to disaster).

3. Low-cost borrowing and leveraging

- Issuing bonds to buy coins: Using the company's credit to borrow money at low interest (for example, issuing corporate bonds at an interest rate of 2%), then buying Bitcoin, betting that Bitcoin's price increase far exceeds the interest cost.

- Shareholders footing the bill: Issuing more stock to finance coin purchases, equivalent to having shareholders fund the company's trading in coins; if profits are made, everyone is happy, but if there are losses, the shareholders bear the brunt.

4. Market speculation and first-mover advantage

- Creating topics: Continuously buying coins in a high-profile manner has made MicroStrategy the 'spokesperson for Bitcoin,' with its stock price deeply tied to Bitcoin, attracting speculative funds to follow suit.

- Occupying market space: By being the first to become a 'Bitcoin stock,' when other companies try to imitate, it has already reaped the largest dividends.

MicroStrategy buying Bitcoin is like opening a 'Bitcoin bank,' earning money based on faith and courage. Ordinary people can just watch the excitement; never take the boss's faith as your investment guide!