The technique additionally mimics that of Tysons Nook, Virginia-based MicroStrategy, the software program developer that in 2020 mentioned it will begin increase its holdings of bitcoin. Since then, its inventory worth has typically mirrored the fluctuations in bitcoin’s worth, reflecting investor sentiment towards the cryptocurrency market. It’s now the most important company proprietor of bitcoin, based on bitcointreasuries.web, holding greater than 214,000 valued at greater than $15 billion.