This is the business: I will keep buying Bitcoin, and I will stay stubborn on that singular mission, rain or sunshine. Yes, provided there are still Bitcoins to be bought, I will just be buying. It is left for you to decide if I know what I am doing, but I am very sure that I know where I am going, and the destination is self-evident: I will make money for my shareholders. One American company, MicroStrategy, has been doing just that: buy, buy, buy and buy Bitcoin.
What MicroStrategy does requires absolute committed believers. Can you imagine the outcome? Alpha moment: “The decision comes after a period of substantial growth for MicroStrategy, with its share price tripling over the past year, largely attributed to its Bitcoin rally…
“MicroStrategy’s approach to its treasury reserves is unique in the corporate world. The company considers itself the world’s first Bitcoin development company and has been accumulating Bitcoin, which serves as its primary treasury reserve asset. This bold strategy has not only differentiated MicroStrategy from its competitors but has also attracted significant attention from investors interested in cryptocurrency’s potential. “
Tekedia Mini-MBA edition 15 (Sept 9 – Dec 7, 2024) has started registrations; register today for early bird discounts.
Tekedia AI in Business Masterclass opens registrations here.
Join Tekedia Capital Syndicate and invest in Africa’s finest startups here.
Please I am not asking you to go and buy any coin; I am merely focusing on the need to have convictions in life, and avoid being tossed around like a lifeless feather. The CEO of this company was kicked out because many considered him lost, but today, the alpha moment is here. Yes, everyone is happy because they have made tons of money for people.
Good People, in this amazing world, people with convictions define and build the future. The heat they gave Michael J. Saylor was unprecedented. But look, from less than $320 per share to even topping $1600 per share within a year, the success has triggered a need for a stock split. And you will remind me that they have no strategy. Thank you – but not having a strategy and quadrupling in 12 months is the best strategy out there!
---
Register for Tekedia Mini-MBA (Sept 9 – Dec 7, 2024), and join Prof Ndubuisi Ekekwe and our global faculty; click here.
