Summary of the provided text:
Michael Saylor’s views on Bitcoin:
Volatility is an inherent characteristic of Bitcoin, necessary for its utility and liquidity.
Traditional finance is inefficient and operates only 19% of the time, while Bitcoin has been consistently available for over 99% of its existence.
Bitcoin should be adopted by governments as a reliable and accessible digital power alongside nuclear and space power.
MicroStrategy‘s success with Bitcoin:
MicroStrategy’s adoption of Bitcoin has outperformed other companies, with a 1000% return since 2020.
The company has over 226k BTC and plans to acquire an additional $2 billion.
Market reaction to MicroStrategy’s strategy:
MSTR stock underwent a 10-1 split to increase accessibility.
The stock has recovered from recent losses and is trading at $135.
Other companies adopting the Bitcoin strategy:
Block Inc. and Metapianeta are among the companies implementing a similar strategy to MicroStrategy.
Conclusion:
Michael Saylor and MicroStrategy strongly advocate for Bitcoin as a transformative digital asset, and their strategy has proven successful in the market.