Why MicroStrategy’s BTC Bet Puts the Industry at Risk
MicroStrategy’s aggressive Bitcoin strategy has turned the company into one of the biggest risk points in the entire crypto industry. What started as a bold bet on Bitcoin has slowly grown into a fragile structure that could shake the market if things go wrong. MicroStrategy, now known as Strategy, is the largest corporate holder of Bitcoin in the world. It owns more than 670,000 BTC, which is over 3 percent of all Bitcoin in circulation. This means the company is no longer just a software firm. Its identity, value, and future are almost entirely tied to Bitcoin’s price. To build…