What Bitcoin Did: Michael Saylor’s Bitcoin Moonshot Revisited

The new bitcoin bull market started last year. But this year, bitcoin has benefitted from the approval and start of 11 ETFs. Bitcoin ETFs allow investors to profit from bitcoin’s rising price easily with an existing investment portfolio.

Plus, bitcoin has already hit new all-time highs. Prices are expected to rise further following bitcoin’s halving in April. Typically, new all-time highs occur after a halving, not before. That could make 2024 a strong year for crypto.

Investors have plenty of ways to play this rally. The simplest is simply to buy and hold, or “hodl,” in crypto terms.

There are more advanced ways to profit from the rise of bitcoin. One company is showing a unique way to leverage bitcoin’s upside for even bigger profits.

That company is MicroStrategy (MSTR). The company has become the largest corporate holder of bitcoin. Today, they now own 1% of the entire supply of bitcoin that will ever exist.

To get there, the company has sold debt to investors. Its largest debt was paid off, even as the company sat on big losses during the last crypto bear market.

Today, MicroStrategy is issuing convertible shares. Investors get a low yield. But if bitcoin prices soar, the value of MicroStrategy’s shares will soar. That makes converting attractive.

The current strategy increases the amount of bitcoin per share over time.

To find out the full details on this strategy, click here.