34: Case Study on MicroStrategy - Turning $425 Million Cash Reserves into Bitcoin

Case Study: MicroStrategy Buys $425 Million Worth of Bitcoin

 

A publicly traded company called MicroStrategy has now bought Bitcoin on three separate occasions. Once in August ($250 million), another in September ($175 million), and again in December ($50 million). That is because MicroStrategy is adopting the Bitcoin Standard. But why would any company want to do this? Go Full Crypto has produced a case study to answer this question. The case study tells the story of Michael Saylor, the CEO, and the board MicroStrategy, on their journey to adopting bitcoin on a company wide level.

 

The takeaways:

1 - It’s never too late to buy bitcoin

2 - It makes sense to hold bitcoin over cash

3 - We’re still in the early stages of bitcoin adoption

 

Find the case study here - http://gofullcrypto.hubspotpagebuilder.com/microstrategy-case-study-by-go-full-crypto

 

Mentioned in the podcast:

Pomp Episode with Michael Saylor - https://www.youtube.com/watch?v=WrR95PFYDFQ

What Bitcoin Did with Michael Saylor - https://www.youtube.com/watch?v=ciB4ZiehEIs

 

Edited and Mixed by Kaushik Sethunath.

Visit the Go Full Crypto website at: https://www.gofullcrypto.com