Microstrategy is on the rise! Indeed, almost everything is currently smiling at the company which, despite the tribulations, is increasing its bitcoin (BTC) holdings and thus strengthening its position in the markets.
Microstrategy still confident about bitcoin (BTC)
Microstrategy is a company that is widely talked about for its fervor towards cryptocurrencies, and in particular bitcoin (BTC). While the downtrend was hitting the bull’s eye, Michael Saylor’s company kept its momentum going and it seems to be working today. At the end of the first quarter, he claimed that BTC was the best option ever after his structure made gains of more than $90 million.
The second quarter looks just as satisfying, since Microstrategy has announcement the amount of its BTC tokens. Between April 29 and June 27, the company added tokens worth $347 million, or 12,333 tokens. With this addition, his total token count hovers around 152,333 tokens, with a net worth of $4.52 billion.
A winning strategy, nothing can stop Michael Saylor
The more time passes, the more Saylor’s strategy bears fruit. Despite the difficulties of the year 2022, his company continues to increase his bitcoin (BTC) holdings. Over the past few months, the company has been steadily adding new tokens to its multi-billion dollar portfolio.
However, things don’t always go as you hope when betting on cryptocurrencies. Indeed, a significant drop could destroy many dreams of glory. But, this does not seem to concern Microstrategy which, against all odds, remains on its position. Besides, why change strategy, especially when you know that the company uses the purchase of bitcoins as a security to protect itself from inflation.
Microstrategy has shown its fervor for bitcoin (BTC) for several years. Despite a rather delicate situation in June 2022, the company is recovering and is now oscillating in green. And thebitcoin price increase is not to displease him. In view of the success story of Microstrategy, can we consider digital assets as the key to an economy that lasts over time?
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