MicroStrategy's $5B Bitcoin Bet Tops 1% of Total Supply As Saylor Touts Crypto's Problem-Solving Potential
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MicroStrategy owns over 214,000 bitcoins worth over $5 billion, accounting for over 1% of the total bitcoin supply
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MicroStrategy Chairman Michael Saylor believes bitcoin can solve economic problems and is the "exit strategy"
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Interest in cryptocurrencies and metaverse real estate has grown, but NFT activity has declined recently
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Potential uses cases of digital property include supply chain tracking, health records, insurance claims, government benefits
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While current real-world use is limited, digital property could increase efficiency and access to programs and technology