MicroStrategy Inc. (NASDAQ:MSTR) can benefit from the rising Bitcoin (CRYPTO: BTC) prices, and faster growth in its holdings as compared to share dilution, says Mizuho as it describes the company’s play on the cryptocurrency as the “Lever for the Believer” in its note dated Jan.

Forbes magazine featured Michael Saylor, Chairman of MicroStrategy, on its cover, dubbing him "The Bitcoin Alchemist" in recognition of his transformative influence on the financial world through cryptocurrency.

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MicroStrategy was born a software company, but at this point it's best known for its massive bitcoin holdings — and it may be changing its name to reflect as much.

MicroStrategy continues its ambitious Bitcoin acquisition strategy with a $1.1 billion purchase of 10,107 BTC, bringing its total holdings to 471,107 BTC, while implementing new financing mechanisms to support future cryptocurrency investments.

Saylor's bull case gives Bitcoin a $49 million price target in 2045, putting its market cap at an astronomical $1 quadrillion. Even the bear case is very optimistic, with Bitcoin's price rising at an average annual pace of 18.4% and hitting $3 million in 20 years.

MicroStrategy Inc. bought Bitcoin for a 12th consecutive week and unveiled details for the sale of perpetual preferred stock to help finance additional purchases of the cryptocurrency. Most Read from BloombergWhat Happened to Hanging Out on the Street?

MicroStrategy announced Monday that it had bought even more Bitcoin and revealed it would sell stock to raise capital and fund future purchases of the cryptocurrency. MicroStrategy’s latest purchase brings its total holdings to more than 470,

Bitcoin is down Monday, but MicroStrategy keeps buying, revealing its 12th straight weekly BTC purchase as its stash nears $50 billion.

MicroStrategy co-founder Michael Saylor has hinted at another Bitcoin purchase scheduled for Jan. 27, following the company’s recent acquisition of 11,000 BTC on Jan. 21.

Bitcoin bonds” offer insurers a less risky way to purchase cryptocurrency.

As a result, Saylor predicts Bitcoin could soar to $13 million per coin by the year 2045, which would translate to an eye-popping 13,031% gain for investors who buy it at the current price of about $99,000. But how realistic is that target?