Michael Saylor, Executive Chairman of Strategy, announced that he has engaged with every sovereign wealth fund in the Middle East to promote financial structures secured by Bitcoin. His goal is to introduce the world’s largest investment reserves to new digital investment opportunities. Saylor described Bitcoin as digital gold, explaining that digital credit based on Bitcoin can reduce investment volatility while generating profits. This approach provides investors with immediate cash flow instead of waiting long-term for capital appreciation.
At the Bitcoin Mina Conference, Saylor presented a framework to convert digital assets into credit. He argued that Bitcoin-based investment instruments can offer better returns and lower volatility compared to traditional bonds and bank deposits. He proposed applying this strategy at multiple levels, ranging from direct Bitcoin exposure to Bitcoin-backed credit and shares in treasury-focused companies. Saylor emphasized that banks could play a role in securing Bitcoin and offering loans against it, potentially expanding global investment, as many major banks have not yet provided Bitcoin custody or lending services. He identified low-yield regions such as Japan and Europe as prime markets for Bitcoin-backed credit.
On the same day, Strategy purchased 10,624 Bitcoin valued at approximately $963 million, increasing the company’s total holdings to 660,624 Bitcoin, currently worth about $60.5 billion. This acquisition marks the largest weekly Bitcoin purchase by the company since July and signals renewed capital availability. Saylor also highlighted the company’s 24.7% BTC yield metric for 2025 and clarified that Strategy operates as an operating company rather than a fund, addressing concerns raised about its inclusion in the MSCI index.
Source: bitcoinmagazine
