MicroStrategy announced that it has purchased an additional 15,400 bitcoins, bringing its total holdings to 402,100 BTC worth $38 billion. In November, the company bought over $12 billion in bitcoin. Other companies, including publicly traded bitcoin miner MARA, are following MicroStrategy's strategy and accumulating bitcoin as a strategic reserve asset. MicroStrategy's CEO, Michael Saylor, even presented to Microsoft's CEO and board of directors on why they should adopt a bitcoin standard. Microsoft is now voting on whether to add bitcoin to its balance sheet. This trend of large corporations accumulating bitcoin is expected to continue, with companies like BlackRock and Fidelity also buying up coins for their ETFs. The author suggests that individuals should adopt their own strategic bitcoin reserve, although taking on debt to buy bitcoin is not advised. The plan is to buy and hold bitcoin for the long term, as selling would mean selling directly into the hands of these large companies.



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