Part 6/11:
What started as a defensive maneuver during a financial crisis evolved into an offensive strategy aimed at maximizing growth. MicroStrategy has positioned Bitcoin as its primary treasury asset, utilizing intelligent financial leverage to accumulate over 440,000 Bitcoin—the largest holding by any public company. This approach has been structured to withstand extreme volatility, as MicroStrategy employed various financial instruments such as convertible bonds and ATM offerings, ensuring no liquidation risks even if Bitcoin prices plummet.