Re: MicroStrategy Buys $250M in Bitcoin, Calling the Crypto ‘Superior to Cash’
Originally posted by on 12/12/2025, 16:39:13 UTC
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13/12/2025, 00:46:03 UTC POST DELETED
Original archived Re: MicroStrategy Buys $250M in Bitcoin, Calling the Crypto ‘Superior to Cash’
Scraped on 12/12/2025, 16:39:13 UTC
This is the kind of news that sends Bitcoin maximalists into euphoria, and rightly so.
MicroStrategy's (MSTR) move to switch $250 million of its cash treasury into Bitcoin was a monumental game-changer back in 2020. Before this, large companies were only dabbling with futures or small amounts. MSTR not only bought actual tangible Bitcoin (not just futures), but did so by publicly declaring Bitcoin a "superior reserve asset to cash" in the long run.
The fact that MSTR's stock price went up by 9.12% while the NASDAQ was in the red shows that, at least initially, the stock market applauded the move. As correctly mentioned, part of the surge was due to a share buyback, but the Bitcoin narrative was the real fuel.
The funniest thing about the whole saga is seeing the CEO, Michael Saylor, perform a huge "U-turn." Going from declaring Bitcoin doomed junk in 2013 to becoming the asset's biggest corporate evangelist is simply epic. It's a prime example of why "it's better to change your mind than to be stubbornly wrong."
Regarding the debate on Bitcoin's purpose:
Is it Currency or Store of Value (SoV)? There's a tension there, but the reality is that Bitcoin is what people make of it. If large corporations use it as a Store of Value (SoV), that doesn't "defeat its purpose" but rather strengthens its relevance and value.
Gresham's Law suggests people use the "bad" money (inflationary fiat) for daily transactions and hold the "good" money (hard Bitcoin) as savings. This cements its role as digital gold, which is its strongest function today.
The mere fact that a $1.3 billion market cap company successfully solved the custody issues and shareholder approval for a $250 million investment, paves the way for other, potentially much larger, companies to follow suit.
MicroStrategy's (MSTR) move to switch $250 million of its cash treasury into Bitcoin was a monumental game-changer back in 2020. Before this, large companies were only dabbling with futures or small amounts. MSTR not only bought actual tangible Bitcoin (not just futures), but did so by publicly declaring Bitcoin a "superior reserve asset to cash" in the long run.
The fact that MSTR's stock price went up by 9.12% while the NASDAQ was in the red shows that, at least initially, the stock market applauded the move. As correctly mentioned, part of the surge was due to a share buyback, but the Bitcoin narrative was the real fuel.
The funniest thing about the whole saga is seeing the CEO, Michael Saylor, perform a huge "U-turn." Going from declaring Bitcoin doomed junk in 2013 to becoming the asset's biggest corporate evangelist is simply epic. It's a prime example of why "it's better to change your mind than to be stubbornly wrong."
Regarding the debate on Bitcoin's purpose:
Is it Currency or Store of Value (SoV)? There's a tension there, but the reality is that Bitcoin is what people make of it. If large corporations use it as a Store of Value (SoV), that doesn't "defeat its purpose" but rather strengthens its relevance and value.
Gresham's Law suggests people use the "bad" money (inflationary fiat) for daily transactions and hold the "good" money (hard Bitcoin) as savings. This cements its role as digital gold, which is its strongest function today.
The mere fact that a $1.3 billion market cap company successfully solved the custody issues and shareholder approval for a $250 million investment, paves the way for other, potentially much larger, companies to follow suit.