- MicroStrategy holds approximately 1.8% of the total Bitcoin supply, with investments now exceeding 386,700 BTC.
- Chairman Michael Saylor firmly states the company will not sell Bitcoin, signaling a long-term commitment to cryptocurrency.
MicroStrategy Chairman Michael Saylor has once again reinforced his steadfast position regarding the company’s Bitcoin strategy, addressing investor concerns about a potential sell-off.
Through social media, Saylor emphatically declared,
“I am not selling,”
affirming the company’s unwavering dedication to its Bitcoin investment philosophy.
MicroStrategy, a U.S.-based business intelligence firm, currently holds an extraordinary 386,700 BTC, which constitutes approximately 1.8% of the total Bitcoin supply. This immense holding places the company among the largest institutional Bitcoin holders globally.
If the company were to sell its entire stash, the ramifications on the cryptocurrency market would be unprecedented. However, Saylor’s repeated affirmations of his belief in Bitcoin’s long-term value have quelled investor speculation about an exit strategy.
The scale of MicroStrategy’s investment is monumental, dwarfing historical financial trades such as John Paulson’s $4 billion short against subprime mortgages or George Soros’ $1 billion short against the British pound. As of now, the unrealized gains on MicroStrategy’s Bitcoin holdings stand at $13.6 billion.
In its most recent acquisition, announced on November 25, MicroStrategy purchased an additional 55,500 BTC at an average price of $97,862 per Bitcoin. This follows the company’s successful fundraising effort in the prior week, which secured nearly $5.644 billion.
These transactions underline the accelerating pace of the company’s Bitcoin accumulation, which is edging closer to 2% of the global Bitcoin supply.
Michael Saylor’s investment approach is grounded in a conviction that Bitcoin represents a revolutionary store of value, akin to digital gold. Unlike many who dabble in cryptocurrency for speculative purposes, Saylor’s strategy underscores Bitcoin as a transformative asset for long-term wealth preservation.
Despite the notorious volatility of the crypto market, MicroStrategy continues to signal its confidence in Bitcoin’s fundamental value.
MicroStrategy’s influence extends beyond its own investment. Other companies are following its lead. Rumble, a publicly listed U.S. company advised by Saylor, recently unveiled its plan to adopt a Bitcoin Treasury strategy, with an initial purchase of $20 million in Bitcoin.
Similarly, firms like Japan’s Metaplanet and the U.S.-based Semler have implemented similar financial strategies, taking cues from MicroStrategy’s model.
This commitment to Bitcoin not only sets MicroStrategy apart in the corporate world but also positions the company as a trailblazer in integrating cryptocurrency into mainstream corporate treasury management.
