Michael Saylor’s MicroStrategy (MSTR) keeps accumulating Bitcoin (BTC-USD) to its reserves, taking advantage of every dip in the crypto’s price. MicroStrategy provides business intelligence, mobile software, and cloud-based services. Meanwhile, one of MSTR’s main corporate strategies is to invest in bitcoin and hold it for the long term. Following this strategy, MSTR has become one of the world’s largest publicly traded corporate owners of bitcoin. However, owing to the huge volatility and slump in bitcoin prices this year, MSTR stock has taken a beating. Year-to-date, the stock is down 65.5%. On the other hand, BTC's value has slumped 55.
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