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What will be MicroStrategy's next major strategic move by the end of 2024?
2
Resolution / Starting Odds
Acquire another company • 25%
Increase Bitcoin holdings • 25%
Issue new stock • 25%
Other • 25%
Official announcements from MicroStrategy or financial reports
Story
MicroStrategy's Bitcoin Strategy Yields 1,000% Stock Surge, Outperforms Berkshire Hathaway
Aug 11, 2024, 07:35 PM
MicroStrategy's strategic decision to adopt Bitcoin as its primary treasury reserve asset four years ago has resulted in significant financial gains for the company. Since August 2020, MicroStrategy has acquired 226,500 Bitcoins, valued at approximately $13.771 billion, purchasing about 150 BTC a day. This investment strategy has led to a 1,000% surge in MicroStrategy's stock price, outperforming major benchmarks such as the S&P 500 and Warren Buffett's Berkshire Hathaway. The company's returns have been roughly seven times those of Berkshire Hathaway over the past four years. Despite recent market volatility, MicroStrategy's Bitcoin holdings continue to yield substantial unrealized profits. Last week, MicroStrategy completed a 10-for-1 stock split.
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Similar markets
Continue aggressive acquisitions • 25%
Maintain current holdings • 25%
Reduce Bitcoin holdings • 25%
Sell all Bitcoin holdings • 25%
Increase holdings • 25%
Decrease holdings • 25%
Maintain current holdings • 25%
Diversify into other cryptocurrencies • 25%
Bitcoin • 25%
Ethereum • 25%
Other cryptocurrency • 25%
No major purchase • 25%
Less than 350,000 BTC • 25%
350,000 to 374,999 BTC • 25%
375,000 to 399,999 BTC • 25%
400,000 or more BTC • 25%
Below 400,000 BTC • 25%
400,000 - 450,000 BTC • 25%
450,001 - 500,000 BTC • 25%
Above 500,000 BTC • 25%
Increase by more than 20% • 25%
Increase by less than 20% • 25%
Decrease • 25%
Remain the same • 25%
Share sales • 25%
Debt issuance • 25%
Asset liquidation • 25%
Other • 25%
