The essence of strategy is Arbitrage business.
Author: Dio Casares
Compiled by: Deep Tide TechFlow
In the past 5 years, Strategy has spent $40.8 billion, equivalent to Iceland's GDP, purchasing over 580,000 Bitcoins. This accounts for 2.9% of the Bitcoin supply or nearly 10% of active Bitcoins (1).
The stock code for Strategy, $MSTR, has risen by 1600% over the past three years, while Bitcoin's increase during the same period was only about 420%. This significant growth has led to a valuation of Strategy exceeding 100 billion dollars, and it has been 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 have sounded the alarm, questioning whether Strategy will be forced to sell its Bitcoin, potentially leading to a drop in Bitcoin prices.