#SaylorBTCPurchase
Microsoft and Bitcoin Acquisition Michael Saylor's strategy, the CEO of MicroStrategy, in purchasing large quantities of Bitcoin (BTC). Saylor began this strategy in 2020, converting a significant portion of the company's cash reserves into Bitcoin, justifying it as a hedge against inflation and the depreciation of fiat currencies.
MicroStrategy (which recently renamed itself to "Strategy") continues to accumulate Bitcoin consistently, often by issuing convertible debt or new shares to finance these purchases. The company is now the largest known institutional holder of Bitcoin in the world, making its shares a means for investors to gain indirect exposure to the digital currency. This strategy has sparked widespread controversy regarding its risks and benefits, and has significantly impacted the perception of Bitcoin as a reserve asset for companies.