Re: MicroStrategy Buys $250M in Bitcoin, Calling the Crypto ‘Superior to Cash’
As a result of their Bitcoin holding from the past, they are currently at the top of the most success, but seeing MSTR Company's Bitcoin holding at the present time, all the other treasury companies that are more aggressive in buying Bitcoin.
MicroStrategy continues to increase their Bitcoin yields, this company didn't make it to the S&P 500 list, yet everyone noticed that they bought Bitcoin last week. You are right that other treasury companies are currently being aggressive in purchasing Bitcoin from MSTR Company's Bitcoin holdings, even pension funds are currently buying their Bitcoin shares. Recently the Ontario Pension Fund purchased Bitcoin shares of this company for a total of $31 million. Moreover, this company's Bitcoin yield has increased relatively every year since 2020.