Is Michael Saylor still preparing a colossal purchase of bitcoins?



16h05 ▪
3
min read ▪ by
Mikaia A.

As long as the sun illuminates our mornings, Michael Saylor lights up his Excel sheet with blue lines dedicated to Bitcoin. The co-founder of MicroStrategy seems to have made accumulating BTC his calling, even at the cost of losing sleep. His latest statement? “Always higher, always stronger”, unveiling a bold strategy that mixes stocks, debts, and cryptocurrencies.

Michael Saylor sitting on a Bitcoin throneMichael Saylor sitting on a Bitcoin throne

Michael Saylor: the obsession of a crypto-militant

Michael Saylor doesn’t back down: for him, Bitcoin is the modern equivalent of gold, but with lines of code as nuggets. On December 29, he posted a chart from the SaylorTracker site, triggering a wave of speculation about a possible massive purchase.

The blue lines are intriguing“, he tweeted, provoking as many debates as memes among his 3.9 million followers.

The man and his company currently hold 444,262 BTC, valued at around 41.4 billion dollars. The latest craze? A purchase of 5,200 BTC on December 22, at an average price of $106,000 per unit.

Here are some significant figures about their BTC collection:

  • 444,262 BTC held to date;
  • 5,200 BTC purchased during the latest operation;
  • A total valuation flirting with $41.4 billion.

Saylor, never short of ideas, sees MicroStrategy as a hybrid financial vehicle: halfway between a tech company and a BTC hedge fund.

Bitcoin: the bold strategy of MicroStrategy

To finance its limitless ambitions, MicroStrategy bets on its “21/21 plan”, facilitating its conquest of the ultimate Bitcoin treasure. The goal? Raise $42 billion in three years, sharing the effort between stock sales and bonds. Nothing like a massive fundraising to fill its coffers and Bitcoin portfolio.

But Saylor doesn’t stop there: he also proposes a groundbreaking regulatory framework for digital assets in the United States. His idea? To create a strategic reserve of Bitcoin to wipe out up to $81 trillion of national debt. He even imagines a future where stablecoins would boost the role of the dollar as a global currency.

An ambitious vision, but one that has raised a few skeptical eyebrows in traditional financial circles.

In short, Michael Saylor sees Bitcoin as the digital Holy Grail, to the extent of pushing giants like Microsoft or Apple to invest massively in it. For him, it’s better to carve out a piece of this digital cake before it becomes out of reach.

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Mikaia A. avatarMikaia A. avatar

Mikaia A.

La révolution blockchain et crypto est en marche ! Et le jour où les impacts se feront ressentir sur l’économie la plus vulnérable de ce Monde, contre toute espérance, je dirai que j’y étais pour quelque chose

DISCLAIMER

The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.





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