MicroStrategy, the world’s largest Bitcoin (BTC) corporate holder, has seen its market capitalization climb from $1.5 billion to over $40 billion in just four years. Co-founder and executive chairman Michael Saylor attributes this rapid growth to the company’s approach to integrating Bitcoin with traditional financial markets.

“MicroStrategy is pioneering a new market; we’re issuing securities backed by digital capital,” Saylor told The New Zealand Herald in a recent interview. He explained that the firm’s “investors are Bitcoiners,” and that “if you are a Bitcoiner, you think Bitcoin is going to go up forever with some volatility […] so what you want is more Bitcoin per share.”

“The real MicroStrategy business is to be the leading issuer of securities in order to acquire Bitcoin, and as we acquire Bitcoin, we’re driving up the scarcity of the Bitcoin,” Saylor concluded.

Originally an enterprise software firm, MicroStrategy now holds 252,220 Bitcoin—over 1% of all Bitcoin that will ever be mined—valued at approximately $16 billion. MicroStrategy has since recast itself as a Bitcoin development firm, working on a Go to Source to See Full Article
Author: Adrian Zmudzinski