MicroStrategy, led by Michael Saylor, has steadily increased its Bitcoin holdings to approximately 3.2% of the total projected Bitcoin supply, now owning 671,268 Bitcoins. Over recent years, the company has aggressively purchased Bitcoin, establishing one of the largest corporate Bitcoin treasuries in the market, significantly surpassing other firms. In the past two weeks alone, MicroStrategy spent nearly $2 billion on Bitcoin acquisitions, with a total purchase cost of around $50 billion and a current market value near $60 billion. The company continues to buy Bitcoin quarterly and has completed over 90 purchase transactions to date.
MicroStrategy’s Bitcoin reserves occupy a unique position in financial markets, as other large publicly traded treasuries hold far fewer Bitcoins. Additionally, the company recently secured $1.44 billion in cash reserves to ensure dividend and interest payments, mitigating concerns that it might need to sell Bitcoin during market downturns. Michael Saylor views Bitcoin as the foundation of a new era of digital capital and credit. He highlights growing institutional and governmental acceptance, noting that major U.S. banks now offer Bitcoin custody and lending services.
The company’s strategy involves transforming Bitcoin into a predictable, income-generating asset to provide long-term stable returns while supporting price appreciation. MicroStrategy aims to double Bitcoin’s value over time through new financial products and considers Bitcoin comparable to traditional gold-based financial systems. These initiatives are expected to enhance Bitcoin’s global acceptance and its significance within the financial sector.
Source: bitcoinmagazine
