The post Discover 10 Surprising Facts About MicroStrategy and Bitcoin Today appeared on BitcoinEthereumNews.com.

MicroStrategy’s Bitcoin holdings reached 402,100 BTC, making it a top institutional holder in 2024. Michael Saylor advocates for the U.S. to replace gold reserves with Bitcoin to strengthen the dollar’s global status. MicroStrategy has consistently established itself as a prominent Bitcoin enthusiast and investor, thereby revolutionizing the way corporations manage digital assets. Declared on December 2, 2024, the company revealed its most recent purchase of 15,400 BTC worth $1.5 billion. With a total of 402,100 BTC, valued at approximately $39.88 billion at current rates, this acquisition reinforces MicroStrategy’s status as one of the largest institutional holders of Bitcoin. This action underscores the company’s unwavering commitment to this asset class, further strengthening its position. 10 Surprising Facts About MicroStrategy and Bitcoin Today  1. Michael Saylor’s Early Advocacy for Bitcoin Since MicroStrategy’s first acquisition in August 2020, Michael Saylor, the founder and executive chairman of the firm, has been an outspoken advocate of Bitcoin. The firm changed its approach back then to fight inflation, substituting Bitcoin for large amounts of its cash reserves. 2. Bold Call for U.S. Bitcoin Adoption  In an interview with Market Domination on December 8, 2024, Saylor advised the U.S. government to buy Bitcoin by selling all its gold stockpiles. Holding 20–25% of Bitcoin’s total supply, he claimed, would improve the value of the U.S. dollar as a worldwide reserve currency and provide economic difficulties for rivals with sizable gold holdings. The United States should buy #Bitcoin and sell Gold.pic.twitter.com/HD69iy1EAO — Michael Saylor⚡️ (@saylor) December 7, 2024 3. MicroStrategy’s Consistent Bitcoin Accumulation The consistent accumulation of Bitcoin by MicroStrategy highlights its conviction in the long-term possibilities of the asset. The most recent purchase of 15,400 BTC in December 2024 best demonstrates this passion. The company’s approach has not changed in the face of fluctuating markets. 4. Innovative Funding…

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Filed under: News - @ December 8, 2024 12:11 pm