How to Transform $6.6 Billion 👉🏻 42 billion 350 million 1. * * Purchase time and frequency * *: -Starting from September 2020, MicroStrategy Starting to purchase Bitcoin on a large scale, the first few orange balls can be seen concentrated in the second half of 2020. -2021 is the year with the most frequent purchases, with an orange ball almost every few months indicating that they continue to increase their holdings during Bitcoin price fluctuations. -The purchase frequency has decreased in 2022 and 2023, but there are still a few larger purchases (with larger orange balls). -After 2024, purchasing behavior will become more intensive, especially during the period of rapid rise in Bitcoin prices (on the right side of the chart). 2. Purchase price and market trend: -The blue line represents the market price of Bitcoin ($/B), while the green dashed line represents MicroStrategy's average purchase price (Total dollar cost average). -The early orange balls appeared when the price of Bitcoin was relatively low (between $10000 and $60000 in 2020-2021). -As time goes by, especially in 2023 and 2024, the price at the time of purchase gradually increases, consistent with the upward trend of the Bitcoin market price. -The average purchase price is 38456, while the current Bitcoin price is 84729.39, indicating that their investment is currently making significant profits (up 27.78%, approximately $9.2 billion). 3. * * Strategy and Impact * *: -Each orange ball not only represents a purchase, but also reflects MicroStrategy's long-term strategy: they choose to continuously purchase Bitcoin at different price points, using the Dollar Cost Average (DCA) method to reduce the risk of market volatility. -On the right side of the chart (after 2024), it can be seen that when the price of Bitcoin exceeds $80000, they are still actively purchasing, demonstrating confidence in the long-term value of Bitcoin. In summary, Michael The strategy is to continuously increase holdings, with an average cost of 38456 and a total investment cost of approximately 6.6 billion US dollars. Currently, the investment portfolio value has reached 42.35 billion US dollars, demonstrating significant returns. 😱