Ever since business intelligence firm, MicroStrategy, invested $425 million of its treasury funds into Bitcoin last year, the company and its CEO have been lauded for supposedly driving mainstream BTC adoption.

The onset of the Bitcoin rally allowed MicroStrategy to take advantage of market conditions and increase the value of its BTC holdings. At the time when Bitcoin was nearing $13,000, MicroStrategy reportedly earned $100 million in two months, from their Bitcoin purchases. These…

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