Strategic Vision: An Infinite Store of Value One of the most iconic transformation stories in the corporate world lies in the Bitcoin adventure launched by Strategy, founded by Michael Saylor in 1989 and renamed "Strategy" in February 2025. The software giant transformed its cash reserves from a burdensome inflationary drain into the world's rarest and most powerful digital asset. This strategy is no longer just a line item on the balance sheet; it has become the gold standard for future corporate treasury management. It all began on August 10, 2020. Saylor and his team, guided by the principle that "Bitcoin is not a store of value, it is the only store of value," systematically directed all of the company's free cash flows and subsequent capital raises into Bitcoin. The goal was simple but revolutionary: never sell, always buy, and make Bitcoin the company's core asset. As Saylor repeatedly emphasized: "We will continue buying Bitcoin every quarter, forever. We will not sell." To achieve this vision, innovative financing tools were employed. Purchases funded through stock issuance #MicroStrategyAddsBTCFor1.28B ATM(, convertible bonds, STRC preferred shares, and strategic lending mechanisms rapidly increased the company's Bitcoin reserve. Each new acquisition also reinforced the promise to boost shareholder "EPS" returns. As the software business continues, the balance sheet now resembles that of a "Bitcoin treasury company." As of March 9, 2026, the current status is as follows: - Total Bitcoin Reserve: 738,731 BTC - Total Cost: $56.04 billion - Average Purchase Price: $75,862 - In the past seven days, from March 2 to 8, 2026: $1.28 billion was paid for 17,994 BTC. These figures make Strategy the largest institutional owner of Bitcoin in the world, with a market value exceeding ) billion dollars. The company transparently shares its purchases with the public through regular 8-K filings every week—an exemplary model of corporate discipline. The strength of Strategy lies not only in the quantity but also in its philosophy. In Saylor’s view, Bitcoin is more than just "digital gold": with its fixed supply of 21 million, portability, indivisibility, and potential for global adoption, it is the "hope" asset in a world where fiat currencies are eroding. Strategy’s stance remains unchanged in the face of geopolitical uncertainty, inflation waves, or market crashes: buy more Bitcoin. Even when Bitcoin’s price recently dipped into the $60,000 range, the purchase pace did not slow; instead, the decline was seen as an opportunity. This approach has garnered admiration and discussion on Wall Street. While some call it "reckless risk," Saylor and his team respond: "Bitcoin comes with volatility, but in the long run, it’s unparalleled." Thanks to this strategy, the company's stock ( MSTR ) has surpassed traditional software company valuations and become the "Bitcoin proxy"—directly tying its performance to Bitcoin adoption stories. As a result, Strategy’s Bitcoin strategy has transcended corporate policy; it has created a new model in the business world. The old adage "cash is king" has evolved into "Bitcoin is the treasure." Michael Saylor and his team began this journey with a small step in 2020; today, they manage a multi-billion dollar Bitcoin empire and declare: "We will continue buying forever." Future generations will remember this strategy as a visionary move that went beyond traditional finance boundaries. Because Strategy proved that true leadership lies in those who face risks and build the future today. The Bitcoin journey continues—and Strategy is determined to be the locomotive leading this train. $50 ( ‌)( ‌)$GT ‌

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