MicroStrategy is the only enterprise analytics and mobility platform. The MicroStrategy platform supports interactive dashboards, scorecards, highly formatted reports, ad hoc query, thresholds and alerts, and automated report distribution.
MicroStrategy had over $500 million of cash and short-term investments at the end of June. The company previously announced plans to return about half of that to shareholders while investing roughly the same amount in alternative assets.
MicroStrategy decided recently to go down a different path in creating shareholder value for their investors. MicroStrategy decided to purchase 21,454 bitcoins at purchase price of $250 million as part of their capital allocation strategy.
In this video I go into the why behind the bag of Bitcoin that was purchased.