Bitcoin Volatility “Is the Price You Pay for…” – Michael Saylor

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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.

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