FINANCEBITCOIN

"Saylor Academy continues to promote Bitcoin, MicroStrategy has seen a 129% increase in value this year."

share
"Saylor Academy continues to promote Bitcoin, MicroStrategy has seen a 129% increase in value this year."

Bitcoin advocate and MicroStrategy founder Michael Saylor is promoting a Bitcoin course called "Bitcoin for Everybody" on his Twitter. The recent surge in Bitcoin prices has also driven up MicroStrategy's stock, which has seen a 129% increase this year, even surpassing Bitcoin.

Saylor Academy and Bitcoin for Everyone

Visit the Saylor Academy website and discover that Bitcoin is just one of the many subjects available, covering a wide range of topics such as business management, computer science, economics, English learning, and more, all for free. Currently, there are 1.52 million students registered for courses.

For beginners interested in Bitcoin, the course "Bitcoin for Everyone" covers basic Bitcoin history, economic principles, technical aspects, guides on using Bitcoin wallets and the Lightning Network, as well as tips on avoiding common scams and pitfalls. The course offers exams and certificates, allowing multiple retakes to ensure students fully grasp the content.

MicroStrategy Stock Price Rises with Bitcoin, Institutional Investors Join In

Michael Saylor, the founder of MicroStrategy and a staunch Bitcoin advocate, has emphasized the importance of Bitcoin as a hedge against inflation. However, holding Bitcoin requires setting up a wallet and dealing with custody concerns. Investing directly in MicroStrategy stock to hold Bitcoin is seen as a simpler alternative.

Why buy Bitcoin through MicroStrategy? Read more: Software Companies Distracted by Bitcoin, What Is MicroStrategy's Strategy?

The trend chart below shows the correlation between Bitcoin and MicroStrategy stock prices, with MicroStrategy seeing a 129% increase this year, surpassing Bitcoin's 74% rise.

Additionally, many institutional investors have entered the market to purchase MicroStrategy stock, accounting for 59% of its total shares. According to Yahoo Finance data, the top five institutional holders include Capital International Investors, Vanguard Group, BlackRock, Morgan Stanley, and State Street Corporation.

MicroStrategy has been continuously averaging down its purchases, with an average cost of $29,803 per Bitcoin, resulting in realized profits from holding 140,000 Bitcoins.

For more details: The Art of Averaging Down - MicroStrategy Breaks Free! Bitcoin Investment Returns $27.58 Million, with a Return Rate of 0.66%