Should You Invest in a Company That Only Invests in Bitcoin?
An interesting new trend has appeared in the financial world: the emergence of companies that do nothing but invest in Bitcoin (CRYPTO: BTC). These companies have a single, solitary mission: to buy and hold as much Bitcoin as they can.The best known example is MicroStrategy (NASDAQ: MSTR), the company now doing business as Strategy. But there are a growing number of others, and together, they are frequently referred to as "MicroStrategy copycats." So is it worth investing in these companies?It's hard to argue with the success of Strategy, which pioneered the idea of becoming a Bitcoin treasury company (BTC). Since the inception of its Bitcoin acquisition strategy back in August 2020, Strategy stock has outperformed Bitcoin. And, in fact, Strategy also outperformed every company in the S&P 500 between 2020 and 2024.Continue reading
An interesting new trend has appeared in the financial world: the emergence of companies that do nothing but invest in Bitcoin (CRYPTO: BTC). These companies have a single, solitary mission: to buy and hold as much Bitcoin as they can.
The best known example is MicroStrategy (NASDAQ: MSTR), the company now doing business as Strategy. But there are a growing number of others, and together, they are frequently referred to as "MicroStrategy copycats." So is it worth investing in these companies?
It's hard to argue with the success of Strategy, which pioneered the idea of becoming a Bitcoin treasury company (BTC). Since the inception of its Bitcoin acquisition strategy back in August 2020, Strategy stock has outperformed Bitcoin. And, in fact, Strategy also outperformed every company in the S&P 500 between 2020 and 2024.
