Following the Saylor playbook, they are doing remarkably well. It seems that all a business with large capital & cash flow needs to do to multiply their marketcap by huge magnitudes is to have a regular Bitcoin buying plan. MSTR has done so well, Saylor could be considered a genius. I just want to see what happens to these companies during a bear market though, that’s the true test.
I believe that MORE companies will follow after listening to Strategy's earnings call for Q2 on July.
What's very unbelievable for many people who, neither own nor trade cryptocurrencies, is this is merely the start of a new narrative in legacy finance. A narrative that Bitcoin is more like Gold than a technology asset. A narrative that could end the "four year cycle", and start a lower volatility surge that will last for more than a decade.