It's an asset and his plan is to sell them for profits sooner or later.
All I can remember is he recently added few thousand Bitcoins then market just went down, I expected to go upwards but people thought it's time to pull the string before he does.
But he might be buying more when price fell down.
Their average purchase price is around $66,300 USD/BTC... and I'm sure they won't sell anytime soon even though they've made a profit... they probably have a longer term projection... because they sold their shares at a price that wasn't cheap either... the share price is $262 right now and will likely continue to rise as time goes by...
Or maybe they'll make some longer term decisions... and that's understandable, because it seems like a lot of people are interested in owning MSTR shares right now... I'm a little bit sure, that MS will buy and buy more BTC in large amounts in the future...
I've been thinking about their plan and it feels like they're playing the long game instead of chasing quick cash. I mean, if they're buying bitcoin around $66,300 on average, I'd probably sit tight too until it climbs way up, gotta make sure I'm getting a nice chunk back right? Looking at how MSTR's stock keeps going up, it seems like folks investing in them are totally on board with this big picture idea. I'm kinda excited to watch them keep stacking BTC, it could shake things up in the market down the road. Honestly, I'm curious how their next steps will hit both bitcoin's price and their own stock. It's like a slow burn but I've got a hunch it might pay off big.