MicroStrategy, a business intelligence company, has revealed its successful strategy that has led to significant growth in market cap and share price. The company's founder, Michael Saylor, tweeted about their exclusive relationship with Bitcoin ($BTC) and shared the "Bitcoin principles" behind their strategy. MicroStrategy plans to raise $42 billion over the next three years to buy more Bitcoin and recently transferred 1,652 BTC ($114.38 million) to a new wallet. The company currently holds 252,220 BTC ($17.56 billion) with an unrealized profit of $7.65 billion. Bitcoin's price has experienced a slight decline after reaching a high of $74,000, currently trading at $69,583.
- Content Editor ( u.today )
- 2024-11-02
MicroStrategy's Bitcoin Success Principles Revealed by Founder Michael Saylor