MicroStrategy: 500K BTC. Tesla, Block, and 40+ others hold BTC on their balance sheets. This changes the Bitcoin supply dynamic forever.
MicroStrategy issues debt to buy Bitcoin. As BTC rises, they issue more debt and buy more. They have never sold a single Bitcoin since 2020.
Inflation devalues cash on balance sheets. Bitcoin has outperformed cash over every 4-year period since 2012. CFOs are noticing the math.
Companies hold Bitcoin long-term and rarely sell. Every BTC moved to corporate treasuries is effectively removed from the tradeable supply permanently.
Apple has $60B+ in cash. Amazon, Microsoft, and Alphabet could all follow MicroStrategy's model. Any Fortune 500 BTC announcement would be explosive for price.
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