MicroStrategy's shares benefit from the recent Bitcoin frenzy, reaching new highs.
Michael Saylor has announced his vision to develop MicroStrategy into a leading Bitcoin bank. The goal is to create a new financial ecosystem that includes Bitcoin-based financial instruments such as stocks, convertible bonds, and bonds. This strategy is based on the belief that Bitcoin serves as a long-term store of value and hedge against inflation. To achieve this goal, Saylor plans to accumulate massive amounts of Bitcoin, financed through capital raising from individuals and companies, instead of providing traditional loans.
The recent price increase of MicroStrategy is closely linked to Bitcoin's strong performance. During Monday's trading, the coin briefly reached over 66,400 US dollars on the CoinMarketCap trading platform, the highest level since the end of September. Analysts attribute this rise to hopes of easing monetary policies in the US and other regions, as well as expected economic measures in China that increase investors' risk appetite.
Since the start of Bitcoin investments about four years ago, MicroStrategy now holds around 252,221 Bitcoins worth over 15 billion USD. These holdings are intended to form the foundation for the company's planned transformation into a Bitcoin bank. The strategic investments and the increasing demand for AI products, supported by partnerships with companies like OpenAI, also contribute to the positive trend.
Analysts from investment banks such as JPMorgan and Pivotal Research remain optimistic. They estimate that Amazon could more than double its revenue in the current fiscal year and increase it by another 44 percent by 2025. The robust market performance in the e-commerce segment, investments in generative AI, and the expansion of Prime services are seen as key growth drivers.
Despite positive developments, the stock had to record a slight decline the following day and closed at $199.47 after previously falling by 0.29 percent. Nevertheless, the overall sentiment among investors remains positive, as the long-term growth forecasts and strategic direction of MicroStrategy inspire confidence.
