Day 2 - BTC Nashville 24 - Microstrategy has outperformed NVIDIA

Shirish Jajodia of MicroStrategy kicked off the 12pm Enterprise Stage session by discussing Microstrategies Corporate Adoption of Bitcoin. Slides accompanied his deep dive into Microstrategies rationale for Bitcoin as part of its strategy and made a case for lower growth companies benefiting from Bitcoin.

Microstrategy is Michael Saylors company and this was a precursor to his keynote speech on the Satoshi stage at 2pm.

Microstrategy was first to adopt BTC invest its cash reserves into BTC as a primary treasure reserve asset.

They currently hold over 226K bitcoin and bought them at an average price of $36,798.

BTC investments have raised Microstrategies corporate value by 182% in just under 4 years.

Microstrategy has outperformed NVIDIA since its adoption of Bitcoin

The USA has over 200K BTC held by the DOJ making it the largest holder of BTC among countries.

If companies in the US allocated just 5% of their treasuries to BTC it would result in a monetary investment of $150B.

This chart shows US companies listed on an exchange with low growth that could benefit from a BTC strategy.

This chart shows high growth companies that could benefit from a BTC strategy.

Acquiring and then holding BTC is more lucrative than providing cash to investors via buybacks when tracking each scenario over the past 4 years.

How Microstrategy raises capital for buying BTC.