Corporations buying Bitcoin has become a major phenomenon in the crypto industry over the past 12-18 months.
Michael Saylor with Microstrategy (MSTR) kicked off this trend by betting his entire company on Bitcoin and creating a corporate treasury strategy based around the "orange pill" ideals of Bitcoin.
As I mentioned in this clip from the last LeoFinance Podcast, when Microstrategy began buying BTC, the corporate strategy around Bitcoin was basically non-existent.
These days, websites like https://bitcointreasuries.net/ are tracking and showing the data of dozens of major corporations who have purchased Bitcoin on their balance sheet. Tesla is one of the major players in this arena and currently holds about $2B worth of BTC on their balance sheet.
Are corporations driving the idea of the Bitcoin Super Cycle where we won't see prolonged Bear markets?
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