Take a look at MSTR BTC holdings over time 🤔
In the recent 4 years, 2022 Dec was the worst moment for the BTC(Bitcoin). The BTC price was under $20k, and the crypto market sentiment was the most fearful.
While the MSTR(MicroStrategy) had been confident to buy BTC before 2022, the company didn't buy BTC during the worst period.
I think the company ran out of money during that time. Anyways, the MSTR has the largest holdings of BTC in NASDAQ, excluding spot BTC ETFs.
Nevertheless, they keep buying BTC more. Even though the recent BTC price is much higher than 2022, They even bought BTC several times this year. It seems that they believe the brighter future of the BTC.
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