From Investing.com

February 6, 2025 3:30:19 pm:

Michael Saylor, CEO of MicroStrategy, reaffirms his company’s strategy to hold Bitcoin as part of its treasury reserves. Saylor believes in the long-term potential of Bitcoin as a store of value and hedge against inflation. MicroStrategy currently holds over 105,000 BTC, worth around $5 billion.

Saylor’s decision to invest in Bitcoin has proven to be lucrative for MicroStrategy, with the company’s stock price soaring over 400% since its initial investment in August 2020. The move has attracted attention from other companies looking to diversify their treasury holdings and protect against currency devaluation.

Despite facing criticism from some skeptics, Saylor remains confident in Bitcoin’s ability to outperform traditional assets like gold over the long term. He sees Bitcoin as a superior store of value due to its limited supply and decentralized nature, making it a safe haven asset in uncertain economic times.

Read more at Investing.com: Michael Saylor Reconfirms Strategy’s Mandate: ‘Bitcoin’