MicroStrategy, founded by Michael Saylor, focused on Bitcoin (BTC) in its meeting for the last quarter of the year.
MicroStrategy executives, who met with investors regarding its activities for the last quarter of 2023, discussed the company’s activities in the last quarter of 2023. “the world’s first Bitcoin development company” defined as.
In the presentation made to shareholders, MicroStrategy “committed to continuing to develop the Bitcoin network through its activities in financial markets, advocacy and technological innovation.” It was said.
MicroStrategy began investing in Bitcoin in mid-2020 under the leadership of Michael Saylor, who was the CEO of the company at that time, and today 190 thousand Bitcoins in reserve holding.
Some investors consider MicroStrategy providing exposure to the Bitcoin price without buying Bitcoin directly sees it as an option.
During the meeting, whether MicroStrategy or spot Bitcoin ETFs The question of whether MicroStrategy (MSTR) is better was evaluated and a more suitable option It was claimed that .
Unlike ETFs, MSTR investors have no information about the company’s capital structure. direct authority is and the company can create added value message was given. The information in the presentation also states that ETFs, unlike MicroStrategy, are based on their activities. cannot generate cash emphasized.
