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.
These companies should be aware that it will be a waste of resources to sell Bitcoin during the bear market. Maybe they are believing Micheal Saylor's predictions that Bitcoin might never experience a bear season again. But it is expected that they will keep buying consistently in the future. MicroStrategy is now a pathfinder in the field of Bitcoin acquisition in the corporate world.