Quote from: fillippone on Today at 11:36:17 AM

Nothing new that hasn’t been already said in this thread, but I found a very nice piece regarding this move by MicroStrategy explaining in a very clear way why and how it is relevant, and how could impact future moves by other companies.
Definetly worth a read:
Is Bitcoin the world’s safest reserve asset?

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MicroStrategy’s move snapped up 0.1% of Bitcoin’s fixed supply of 21 million units, accounting for 50% of their excess cash reserves in a novel capital allocation strategy. Given the finite pool, such a material grab of bitcoin could only be accomplished by 978 companies before the supply technically “runs out”, though in practice a large chunk of extant supply is not even for sale.

Time to move is now, soon it will be impossible for other to snap 0.1% of total bitcoin supply.

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“MicroStrategy spent months deliberating to determine our capital allocation strategy. Our decision to invest in Bitcoin at this time was driven in part by a confluence of macro factors affecting the economic and business landscape that we believe is creating long-term risks for our corporate treasury program ― risks that should be addressed proactively,”

Others have to take note:

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Now that Bitcoin has been adopted as a primary reserve asset by MicroStrategy, a well-capitalized NASDAQ-listed firm, other companies will be forced to sit up and take notice. Amid the recent economic downturn driven by globalized lockdowns and supply chain disruptions in the first half of 2020, companies slowed down their investment programs, reduced costs, and raised cash reserves to adjust to the economic uncertainty. The companies comprising the Nasdaq 100, the index of the 100 largest non-financial companies traded on the Nasdaq stock market, are now sitting on nearly $1 trillion in cash