Bitcoin Boosts MicroStrategy (MSTR) to Higher Trading Volume Than Tesla You can also find out more about the following: Nvidia

Bitcoin Boosts MicroStrategy (MSTR) to Higher Trading Volume Than Tesla and Nvidia

TodayMicroStrategy’s (MSTR) market capitalization surpassed $100 billion, making it the 93rd-largest publicly-traded U.S. company.

At MSTR’s trading volume is higher than that of both the stock giants at this time. Tesla You can also find out more about the following: Nvidia Today, traditional stock brokers like the Wall Street Bets The community is losing their mind.

 This It is truly mind-blowing, considering MicroStrategy had a treasury of only $1 billion when they first purchased bitcoins four and half years ago.

The big question I’m asking myself is, how and when does this end? Assuming MSTR continues to pump until the peak of this bull market, it's anyone's guess on how high MSTR may go.

But What will be the impact of a crash on a bitcoin bear market, given that it’s essentially leveraging cryptocurrencies? Dare I even suggest that this time may be different, and that the downside of the next bitcoin bear market won’t be as brutal as the 70%+ corrections we’re historically used to seeing?

Even with the spot bitcoin ETFs, and the notion that the US may lead the charge of nation states buying up mass amounts of bitcoin, I’m still not convinced that we don’t eventually see a massive downturn in bitcoin’s price. And I’m mentally preparing for a normal bitcoin bear market to commence after this bull market finishes sometime in the next year or so.

But back to MSTR — Michael Saylor It has been proven to date that the Bitcoin You can also find out more about the following: Corporations Strategy works with stunning results Public companies have been coming out of the woodwork this past week announcing that they’ve purchased bitcoin for their balance sheet or plan to do so, and it seems this trend will continue as the CEO of Rumble asked his X audience if he should add BTC to their balance sheet (almost 94% of his 42,522 voters voted “yes”).

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 Michael Saylor Even offered to explain why and how Rumble It is important to adopt a BTC corporate strategy.

Institutional bitcoin adoption is here and it’s only going to grow for the foreseeable future. As The number of companies adopting this strategy will increase dramatically once they understand why bitcoin is a good asset to have as a reserve.

Companies that add bitcoin to their balance sheet will rise above most other companies — even top big tech giants — in terms of trading volume, as MicroStrategy has, until all companies add bitcoin to their balance sheet. As a trader with knowledge of the market, I put myself into the position of a company. Bitcoin and think to myself, “Why on earth would I buy any company’s stock if they don’t have bitcoin on their balance sheet?” I wouldn’t — it would be way too boring.

Putting BTC in the balance sheet creates volatility and, therefore, opportunity for stock traders, which is beneficial for both the stock price and the company as a whole. If It is obvious that if you have a publicly listed company, bitcoin should be your reserve currency.

This The article is also known as Take. Opinions expressed are entirely the authThe following are some examples of how to use's and do not necessarily reflect those of BTC Inc or Bitcoin Magazine.

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John Lesley/ author of the article

John Lesley is an experienced trader specializing in technical analysis and forecasting of the cryptocurrency market. He has over 10 years of experience with a wide range of markets and assets - currencies, indices and commodities.John is the author of popular topics on major forums with millions of views and works as both an analyst and a professional trader for both clients and himself.

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