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    MicroStrategy Aims to Establish Itself as a Leading Bitcoin Banking Institution

    Bytes Europe

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    3 Comments

    1. coinfeeds-bot on

      tldr; MicroStrategy aims to become a leading Bitcoin banking institution, as revealed by founder Michael Saylor. The company has been acquiring Bitcoin since 2020, with holdings now at 252,220 BTC, valued at approximately $15 billion. Saylor views Bitcoin as the best-performing asset of the century, offering protection against inflation and utility as a long-term store of value. He predicts Bitcoin’s market share will grow significantly, with MicroStrategy potentially becoming a major player in Bitcoin capital markets, leveraging debt and equity for growth.

      *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

    2. Dazzling_Marzipan474 on

      I don’t understand this. People want to borrow fiat because it’s cheaper to pay back later because of inflation. Nobody wants to borrow an appreciating asset and have to pay back more.