In a recent interview with Bernstein analysts, MicroStrategy co-founder and executive chairman Michael Saylor shared a bit more information about the company's ambitious plan.
MicroStrategy has been aggressively acquiring Bitcoin tokens since 2020, using debt and equity to boost returns. As of September 2024, the company owns 252,220 BTC worth over $15 billion, making it the largest corporate holder of Bitcoin globally.
Saylor described Bitcoin as a revolutionary digital asset that serves as a hedge against inflation and for long-term value preservation.
He also called it the best-performing asset of the 21st century, highlighting its volatility as a draw for investors seeking high returns.
MicroStrategy’s ultimate goal is to create a “Bitcoin bank” that will offer BTC-based financial products such as equities, convertibles, fixed income instruments and preferred shares.
He believes that as Bitcoin grows in importance, MicroStrategy could own hundreds of billions of dollars in the form of the cryptocurrency, positioning itself as a trillion-dollar company.
He predicts that by 2045, the price of the largest cryptocurrency could reach $13 million per token, which would represent 7% of the world’s financial capital. Rather than traditional lending, MicroStrategy’s strategy focuses on using cheap debt to buy Bitcoin and get a significant return, up to 50% annually, while avoiding the risks of lending to corporations and governments.
Bitcoin’s recent price surge has not only reignited global investor enthusiasm but also put one small nation’s bold financial gamble back in the spotlight.
A quiet revolution is stirring in corporate finance — one where holding Bitcoin isn’t seen as speculative, but increasingly as a strategic necessity.
A new report from analytics firm Alphractal is shedding light on a potential recurring pattern in the Bitcoin market that could hint at incoming volatility followed by a period of price stability.
Japanese investment firm Metaplanet is rapidly scaling up its Bitcoin exposure, with the company disclosing a fresh purchase of 1,004 BTC in its latest filing.