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MicroStrategy and the Battle of Bitcoin

By Yugocean | Crypto Champion | 30 Dec 2022


Second Largest BTC HODLer

     MicroStrategy has become extremely powerful in terms of BTC hodl. Currently, with 132,500 bitcoins, the company is the second-largest bitcoin holder after Lord Satoshi Nakamoto of Bitcoin, who is believed to have at least 1 million bitcoins.


Who owns MSTR Bitcoins?

     MicroStrategy is a public company, so normally its shareholders own its bitcoins, but the keys to BTC are held by its executive chairman, and Bitcoin maximalist, Michael Saylor, so technically it is Michael Saylor's treasure.


Going Lightning 

    Saylor has given other investors sleepless nights by announcing that Microstrategy will launch a Bitcoin Lightning solution in 2023. The Lightning solution enables people to send the smallest amount of bitcoin while avoiding blockchain fees.


Depressed Reaction by others

     Other crypto platforms are taking this seriously; and are trying to prevent MicroStrategy from buying more. But this is hard way to stop a maximalist.

 

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Yugocean
Yugocean

Judge me by my action. Personally everyone will do self praise,.


Crypto Champion
Crypto Champion

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