Microstrategy, a software company, now holds $26 billion worth of Bitcoin, surpassing the cash investments of major companies like Johnson & Johnson, IBM, and Nike. Microstrategy's CEO, Michael Saylor, made the decision to invest in Bitcoin in 2020 as a hedge against inflation. The company initially used its own earnings to buy Bitcoin and later raised funds through stock and debt sales to accelerate its purchases. Despite skepticism from experts in corporate governance, investors have supported Microstrategy's decision as it allows them to benefit from Bitcoin's price surge without dealing with cryptocurrencies directly. Microstrategy's stock has surged by 2500% since mid-2020, largely driven by the 700% increase in Bitcoin's value.



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