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Today's recommendation: Stack BTC company MicroStrategy's stock with volume surpassing Tesla and Nvidia.
Original title: Bitcoin Boosts MicroStrategy (MSTR) to Higher Trading Volume Than Tesla and Nvidia
Original Author: Nikolaus Hoffman
Source:
Compiled by Tom, Mars Financial
Today, MicroStrategy (MSTR) has surpassed a market capitalization of $100 billion, becoming the 93rd largest publicly traded company in the United States.
As of the writing of this article, the volume of MSTR has surpassed that of two major stock giants, Tesla and Nvidia, making traditional stock trading communities like Wall Street Bets go crazy.
This is absolutely shocking, after all, MicroStrategy was only a $1 billion company when it first bought BTC as its treasury asset almost four and a half years ago.
MicroStrategy's Market Cap Changes Since Its First Bitcoin Purchase
I have been asking myself an important question: how will this trend end, and when will it end? Assuming MSTR continues to soar in the peak of this Bull Market, no one can predict how high its market value will rise.
However, how will this company big dump in the Bear Market? After all, it is essentially Margin Trading for BTC. I dare to guess that this time the situation may be different - the decline in the next round of BTC Bear Market may not exceed 70% as before.
Despite the launch of SpotBTC ETF and speculation that the United States may lead a large-scale purchase of BTC, I still believe that the BTC price may ultimately experience a significant decline. Mentally preparing for a 'normal' BTC Bear Market after the end of the Bull Market, which may occur in the next year or so.
Returning to MSTR - Michael Saylor has so far proven that the 'BTC Enterprise Strategy' operates very successfully in an astonishing way. In the past week, more and more publicly listed companies have announced that they have purchased BTC as part of their balance sheet assets, or plan to do so. And this trend seems to continue. For example, the CEO of Rumble asked the audience on social platform X whether BTC should be added to its balance sheet, with nearly 94% of the 42,522 voters choosing 'yes'.
Michael Saylor even took the initiative to help explain why and how Rumble adopts the corporate BTC strategy.
Institutional-level Bitcoin adoption has arrived, and it will continue to rise in the foreseeable future. As companies understand the logic of using BTC as a strategic reserve asset, the number of publicly listed companies adopting this strategy will increase rapidly.
A company that adds BTC to its balance sheet will have a volume that surpasses most companies, even top tech giants like MicroStrategy, until all companies include BTC on their balance sheets. I try to think from the perspective of a trader who understands BTC: 'Why would I buy the stock of a company that hasn't added BTC to its balance sheet?' I wouldn't, such stocks are just too uninteresting.
Including Bitcoin in the balance sheet helps create volatility, providing opportunities for stock traders, which is beneficial for traders, stock prices, and the overall company. If you are a listed company, including BTC as a treasury reserve asset is undoubtedly a wise move.