Wiser! Essay: Michael Saylor has bet the MicroStrategy house on Bitcoin. The software company he leads now owns more Bitcoin than any other Corporation in the world.
MicroStrategy Owns More Bitcoin Than Any Corporation In The World
BackStory: MicroStrategy may be an analytics software company, but it is better known as the firm that put all of its eggs into the Bitcoin basket.
Since 2020, MicroStrategy has put all the money it can lay its hands on to buy up Bitcoin. In the words of Charles Dickens, MicroStrategy is heading for "misery".
Microstrategy's software business made $20 million in cash over the last three years. However, its investment in Bitcoin was $3.77 billion up to Feb.