A new analysis confirmed MicroStrategy's role as a sophisticated financial engineering vehicle, leveraging its high-margin AI software segment to fund aggressive Bitcoin accumulation, a strategy dubbed the "Saylor Playbook."
- The company currently holds 687,410 BTC, acquired at an average cost of $75,353 per coin.
- Key future catalysts include potential S&P 500 inclusion and new FASB fair-value accounting rules, which eliminate prior impairment drags.
- The firm is positioned as the "ultimate proxy for the institutionalization of the digital economy."