Author: Dio Casares
Compiled by: White55, Mars Finance
In the past 5 years, Strategy has spent $40.8 billion, equivalent to Iceland's gross domestic product, acquiring over 580,000 bitcoins. This accounts for 2.9% of the bitcoin supply or nearly 10% of the active bitcoins (1).
The stock code of Strategy $MSTR has increased by 1600% in the past three years, while Bitcoin's increase during the same period was only about 420%. This significant growth has led to Strategy's valuation exceeding $100 billion and being included in the Nasdaq 100 Index.
This massive growth has also brought about skepticism. Some claim that $MSTR will become a trillion-dollar company, while others are sounding the alarm, questioning whether Strategy will be forced to sell its bitcoins, potentially triggering a price drop.