CentBit.Online – Crypto & Blockchain Expert, Bangladesh
Michael Saylor, co-founder and executive chairman of MicroStrategy, shared a powerful reflection on his company’s Bitcoin journey, highlighting its meteoric growth.
“Our journey began with $0.25 billion in Bitcoin. Today, we closed at a new all-time high: $77.4 billion,” Saylor said.
MicroStrategy first entered Bitcoin in August 2020, when it purchased $250 million worth of BTC as part of its new corporate treasury strategy. Since then, the company has aggressively accumulated Bitcoin through direct purchases, debt offerings, and equity raises, becoming the largest corporate holder of Bitcoin in the world.
With Bitcoin recently trading at record highs, MicroStrategy’s holdings have soared in value, turning the company’s initial $250 million bet into a multi-billion-dollar treasure chest.
Saylor, often referred to as the “Bitcoin bull”, has remained steadfast in his belief that Bitcoin is the superior store of value compared to traditional assets like gold or real estate. His strategy has inspired other corporations and institutions to explore BTC as a treasury reserve asset.
Market analysts note that MicroStrategy’s staggering growth underscores Bitcoin’s transformation from a niche digital currency into a trillion-dollar global financial force.