Bitcoin's Price Crash Hasn’t Stopped One Company From Adding to Its $47 Billion ...
Strategy (formerly MicroStrategy) is what’s known as a bitcoin treasury company. Although their main area of focus used to be IT consulting services, the company pivoted to a focus on accumulating as much bitcoin as possible as quickly as possible in 2020. This is because the company’s executive chairman, Michael Saylor, sees bitcoin as the next global monetary base upon which a new financial system will blossom.
Currently, the company holds around $47 billion worth of bitcoin. And despite the recent price
Strategy (formerly MicroStrategy) is what’s known as a bitcoin treasury company. Although their main area of focus used to be IT consulting services, the company pivoted to a focus on accumulating as much bitcoin as possible as quickly as possible in 2020. This is because the company’s executive chairman, Michael Saylor, sees bitcoin as the next global monetary base upon which a new financial system will blossom.
Currently, the company holds around $47 billion worth of bitcoin. And despite the recent price
2 months ago
