MicroStrategy’s Bitcoin reserve, now valued at around $26 billion, has surpassed the cash holdings of corporations like Nike, IBM, and Johnson & Johnson. With 279,240 BTC acquired at an average cost of $42,888, MicroStrategy has become the largest publicly traded Bitcoin holder, controlling about 1.3% of the total Bitcoin supply. This strategic shift, initiated in 2020 to hedge against inflation and declining revenue, has propelled MicroStrategy’s stock price by over 2,500%. Do you think MicroStrategy will stay the top holder of Bitcoin? Source: Beincrypto
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