{"id":7708,"date":"2025-01-15T03:16:39","date_gmt":"2025-01-15T03:16:39","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=7708"},"modified":"2025-01-15T03:16:39","modified_gmt":"2025-01-15T03:16:39","slug":"michael-saylors-microstrategy-not-alone-in-bitcoin-acquisition-says-bitwise-chief-investment-officer-its-a-bona-fide-megatrend","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=7708","title":{"rendered":"Michael Saylor&#8217;s MicroStrategy Not Alone In Bitcoin Acquisition, Says Bitwise Chief Investment Officer: &#8216;It&#8217;s A Bona Fide Megatrend&#8217;"},"content":{"rendered":"<div>\n<p><strong>Bitwise\u00a0<\/strong>Chief Investment Officer\u00a0<strong>Matt Hougan<\/strong> argued on Tuesday that associating the <strong>Bitcoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) Treasury reserve strategy solely with <strong>MicroStrategy Inc.<\/strong>\u00a0(NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/MSTR#NASDAQ\">MSTR<\/a>) would be inaccurate, as companies buying the apex cryptocurrency is now a \u201cbona fide megatrend.\u201d<\/p>\n<p><strong>What Happened<\/strong>: In a research note, Hougan stated that while the <strong>Michael Saylor<\/strong>-led firm walked away with most media attention, as many as 70 publicly traded companies and many private firms had Bitcoin on their balance sheets.<\/p>\n<p>\u201cI&#8217;ve come away thinking that this is a\u00a0much\u00a0bigger trend than most people realize. In fact, I think it&#8217;s a bona fide megatrend,\u201d Hougan added.<\/p>\n<p>The analyst underlined that apart from cryptocurrency-focused firms like <strong>Coinbase <\/strong>and <strong>MARA Holdings<\/strong>, many non-cryptocurrency companies like Elon Musk\u2019s <strong>Tesla<\/strong> have stacked Bitcoin on their books.<\/p>\n<p><figure class=\"wp-block-table\"><\/p>\n<table>\n<tbody>\n<tr>\n<td><strong>C<\/strong>ompanies other than MicroStrategy<\/td>\n<td>Latest Bitcoin Acquisition<\/td>\n<\/tr>\n<tr>\n<td><strong>MARA Holdings<\/strong><\/td>\n<td>$1.53 billion on Dec. 19, 2024<\/td>\n<\/tr>\n<tr>\n<td><strong>KULR Technology Group<\/strong><\/td>\n<td>$21 million\u00a0on &#8230;<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<p><a href=\"https:\/\/www.benzinga.com\/25\/01\/42993521\/michael-saylors-microstrategy-not-alone-in-bitcoin-acquisition-says-bitwise-chief-investment-officer-its-a-bona-f\" alt=\"Michael\" saylor microstrategy not alone in bitcoin acquisition says bitwise chief investment officer: a bona fide megatrend>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitwise\u00a0Chief Investment Officer\u00a0Matt Hougan argued on Tuesday that associating the Bitcoin (CRYPTO: BTC) Treasury reserve strategy solely with MicroStrategy Inc.\u00a0(NASDAQ:MSTR) would be inaccurate, as companies buying the apex cryptocurrency is now a \u201cbona fide megatrend.\u201d What Happened: In a research note, Hougan stated that while the Michael Saylor-led firm walked away with most media attention, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-7708","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/7708","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7708"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/7708\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7708"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7708"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7708"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}