Morgan Stanley have increased their stake in MicroStrategy by almost 500% from Q3 2020, indicating a massive vote of confidence for Michael Saylor, whose business intelligence company rose to public awareness after dropping a quarter of a billion dollars on Bitcoin in August last year. Since Saylor’s investments, MicroStrategy’s share performance has generally followed the price of Bitcoin. Morgan Stanley’s latest investment could thus be the bank’s attempt to profit from BTC’s high watermarks without being a HODLer.