Michael Saylor Reveals MicroStrategy Bitcoin Game Plan

MicroStrategy is not shifting its primary ambition to focus on its Bitcoin investment amid booming share price action

In a world where tech giants are always chasing the next trend, MicroStrategy has stuck to a single focus: Bitcoin. Michael Saylor, founder and Executive Chairman of MicroStrategy, recently outlined the Bitcoin principles that have fueled the company’s growth over four years.

The Bold Blueprint: A Long-Term Bet on Bitcoin

In an X post, Saylor made it clear: MicroStrategy is in an exclusive relationship with Bitcoin. This means no diversifying into other cryptocurrencies. He credited the digital asset as a key driver of the company’s stock growth. 

Saylor shared that the company does not just buy Bitcoin; it hoards it indefinitely. The company is committed to securely hold the digital asset without short-term selling. The firm’s Chairman believes that Bitcoin’s long-term value will drive MicroStrategy’s growth.

Saylor’s playbook emphasizes sustainable growth. He hinted that the goal is to deliver long-term value for MSTR stockholders. This means transparent communication, consistency, and respecting investor expectations

MicroStrategy aims to outperform Bitcoin by using debt wisely to increase profits while keeping risks in check. The company plans to buy more Bitcoin and earn positive returns on its investments. 

Saylor also wants to create Bitcoin-backed securities to take advantage of Bitcoin’s growing acceptance in traditional finance. He emphasized that having a solid financial foundation is crucial for supporting the company’s Bitcoin strategy and maintaining stability. Ultimately, MicroStrategy wants to promote Bitcoin as a valuable reserve asset for the long term.

MicroStrategy Mulls New $42 Billion Bet on Bitcoin

In a bold move, MicroStrategy plans to raise $42 billion in capital over the next three years, all to buy more Bitcoin. The company currently holds about $18 billion worth roughly 252,220 Bitcoins.  Recently, it moved 1,652 BTC, valued at about $114 million, to a new blockchain address.

Although Bitcoin’s price recently fell to $69,481, down 1% from a peak of $73,000 earlier this week. MicroStrategy has made nearly $8 billion in unrealized gains, with an average purchase price of $39,266. 

Despite market changes, Saylor’s vision is clear: for MicroStrategy, Bitcoin is more than just an investment; it is a mission.

Disclaimer: The information provided in this article is for informational purposes only. It does not constitute investment, financial, trading, or any other sort of advice. You should not treat any of BGECrypto’s content as such. BGEcrypto does not recommend that any cryptocurrency should be bought, sold, or held by you. Do your due diligence and consult your financial advisor before making any investment decisions.