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MicroStrategy's Bitcoin Bet

Stud Bitcoin, MicroStrategy’s crazy bet?Starting in August 2020, MicroStrategy started a crazy buying mode of Bitcoin. As of February 16, 2024, the company has accumulated 190,000 Bitcoins, with a total value of approximately US$10 billion, and has made floating profits of more than US$4 billion.Many people believe that MicroStrategy's bets are too risky and put the company at huge risk. In addition, MicroStrategy also used debt financing to purchase Bitcoin, which was also questioned as playing a "funding game."In the face of doubt, Michael Saylor always stood firm in his beliefs. He believes that Bitcoin is the "digital gold" of the future and will become a global reserve asset.MicroStrategy's Bitcoin Bet

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