Archive: reserve asset

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A Glimpse of Bitcoin’s Future

By Adam Sharp on August 21, 2020

A couple of weeks ago something unprecedented happened. Microstrategy — a $1 billion+ publicly traded company — switched $250 million of its dollar reserves into bitcoin. Here’s an excerpt from a Coindesk report, which I strongly recommend reading. “This investment reflects our belief that bitcoin, as the world’s most widely adopted cryptocurrency, is a dependable store of value and an attractive investment asset with more long-term appreciation…