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Michael Saylor Reveals MicroStrategy's Endgame Is To Be The 'Leading Bitcoin Bank' With $100B-$150B In BTC Holdings - MicroStrategy (NASDAQ:MSTR)

Summary by Benzinga
Michael Saylor has an ambition plan to turn MicroStrategy (NASDAQ:MSTR) into the top Bitcoin (CRYPTO: BTC) bank. What Happened: Saylor recently called MicroStrategy a "merchant bank.” Or, “you could call it a Bitcoin finance company,” he told Bernstein analysts, according to The Block. MicroStrategy recently acquired 7,420 BTC, increasing its holdings to 252,220 BTC (worth $15 billion). This makes the company the largest corporate Bitcoin holde…

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Forbes broke the news in United States on Friday, October 11, 2024.
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