Bitcoin proxy MicroStrategy has made its case. They own the second highest amount of bitcoin of any “institution” with leverage, low intrinsic interest rates, and an efficient and effective management team.
The focus on delivering long term exposure with 0% fees to Bitcoin compared to any Bitcoin ETF makes it a very compelling choice. MicroStrategy offers a competitive and compelling alternative for investors looking to buy Bitcoin. Lastly, if your not in the world of Bitcoin you never hear about MicroStrategy. MicroStrategy is not one of the top stocks on peoples radar, but many believe it will be.
Will MicroStrategy be able to keep its promise? All it takes is for one mistake and we could have another horrible repeat of the FTX saga. Will the board of directors be able to keep and obtain Bitcoin on its balance sheet consistently? Bitcoin is still slowly racking up its consistent history as we go forward, and the adoption of institutional investors takes grip in real time.
The only inconsistency is that the company MicroStrategy DOES NOT have a consistent history. This is either a great long term play or complete flop. Greater risk and greater reward.
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