Opinion
Corporate Bitcoin Treasuries: From MicroStrategy to the Fortune 500
MicroStrategy started buying Bitcoin in 2020 with $250 million. Five years later, it holds over 500,000 BTC and trades at a perpetual premium to NAV. The playbook is being copied — but the imitators face a market that has already priced in the strategy.
8 min read·bitcoin, corporate-treasury, microstrategy