Exactly 4 years ago MSTR adopted bitcoin as a treasury reserve asset.
Since that time they have sold bonds to fund those purchases, sold shares to fund those purchases, and used cash from operations to fund those purchases.
They have purchased over $13 billion in bitcoin and have seen a massive explosion in their stock price and market cap.
Turns out to have been great a move so far.
(Source: https://x.com/pete_rizzo_/status/1822596590114132445/photo/1)