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Headline : HODLing breaks Bitcoin part 4

Read more from the original article on here at coingeek.com.






Tags : #hodling #breaks #bitcoin #part #4


No. of Paragraph 21

In the previous installments of this series, we explored how the HODL culture has undermined Bitcoin’s privacy, squandered its potential as a global medium of exchange and encouraged the creation of toxic cancel culture.

This installment explores the next order of effects of institutional hodling by publicly traded companies, and how the decisions they make could have dire consequences not just in the blockchain economy, but actually negatively impact the entirety of the global economic system.

MicroStrategy (NASDAQ: MSTR) was once known as a stable force in the enterprise software world. Founded in 1989, the company built its reputation on data analytics and business intelligence software—tools designed to help companies make sense of vast data streams and gain strategic insights.

By integrating software solutions with customer-specific needs, MicroStrategy carved out a niche, serving as a pillar for businesses to enhance productivity and drive informed decisions. However, all of that changed in 2020 when CEO Michael Saylor initiated a radical shift in MicroStrategy’s strategy: making BTC acquisition a core component of the company’s treasury.

Read more from the original article on here at coingeek.com.


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