The boldness pays off from MicroStrategy, the company that holds the largest reserve of bitcoins in the world

It could have remained a software publisher like so many others, whose name would only be known to the purchasing and IT departments of client companies. The American company MicroStrategy owes its growing notoriety today to what distinguishes it from any other listed company: being the largest holder of bitcoins in the world, with more than 400,000 tokens accumulated over four years. Which represents a war chest of around $42 billion at current prices. The company has further accelerated its purchases since the election of Donald Trump, acquiring an additional 186,780 bitcoins over six weeks. Now valued at more than $95 billion, the company will join the famous Nasdaq 100 index on December 23, after its stock gained more than 500% this year.

A revenge and a consecration for its founder and president, Michael Saylor, who has long suffered the contempt of…