Thursday, 26 January 2023

MicroStrategy in the Case of Hyperbitcoinization


MicroStrategy now owns approximately 132,500 BTC. That's .66% of all BTC that will ever be in existence, assuming 1 million coins lost (132,500/20,000,000).If Bitcoin Maximalists are correct, and we're headed towards Bitcoin overtaking every other asset as the go-to store of value, what will MicroStrategy look like once Bitcoin reaches a very, very high value?I'm wondering what they will do with all that capital, what it looks like when a company close to 1% of all the money in existence, and if this topic has been explored elsewhere. via /r/Bitcoin https://bit.ly/3DdPQ8f

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