Today, MicroStrategy is one of the most important institutions in cryptocurrency, but it didn’t start out that way. The company, co-founded by Michael Saylor—one of the most influential figures in the world of Bitcoin—first made its mark in software.

Now, however, it’s best known for its aggressive strategy of acquiring Bitcoin for its corporate reserves, with Saylor becoming a key figurehead for the institutional adoption of the asset.

Here’s everything else you need to know about MicroStrategy and its relationship with Bitcoin.

What is MicroStrategy?

Before it added Bitcoin to its balance sheet, MicroStrategy was best known for its business intelligence software solutions, which were designed to help businesses more easily analyze data for improved decision making.

Founded in 1989 by Michael Saylor, MicroStrategy quickly became successful, going public and trading on the NASDAQ in 1998 as MSTR. But just two years later, Saylor and two other top executives at MicroStrategy had to Go to Source to See Full Article
Author: Logan Hitchcock