The American investment magazine Balance reported on the 27th (local time) that the matter is in the hands of Saylor, who is taking a "buy and hold" strategy for Bitcoin.
This has been the driving force behind the rise in Bitcoin prices. Tesla CEO Elon Musk once broke his promise and sold Bitcoin, but he said he will continue to hold onto it.
Not only that, he continues to buy Bitcoin even though the price has already risen significantly, topping $90,000.
Recently, the company invested $5.4 billion (approximately 818.6 billion yen) to buy 55,000 bitcoins, increasing its total holdings to 386,700.
That's 2% of the total Bitcoin in circulation. He has amassed and held more than 380,000 Bitcoins, which is a good way to support the price.
This means that whether Bitcoin can surpass $100,000 or not is up to Michael Saylor, according to Balance.
Thanks to his use of these strategies, the company's stock price has also soared. On the 27th (local time) on the New York Stock Exchange, MicroStrategy's stock price soared 9.94% from the previous trading day.
It recorded a price of 388.84 dollars (about 58,950 yen).
2024/11/28 13:47 KST
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