‘MSTR Is Bitcoin Treasury Company’: Michael Saylor Unveils Key MicroStrategy Plans

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As a seasoned researcher with a penchant for all things tech and finance, I find myself consistently impressed by the audacious moves of Michael Saylor and MicroStrategy. The transformation of a software company into a Bitcoin treasury is nothing short of revolutionary, and it’s hard not to admire the sheer audacity and vision behind such a move.

In a recent update, Michael Saylor, a prominent American entrepreneur, leader of the software behemoth MicroStrategy, and avid Bitcoin advocate, shared fresh insights about the leading digital currency.

Saylor unveiled today that MicroStrategy, famous for its viral Bitcoin posts, is more than just a software firm; it’s a company with substantial Bitcoin holdings, making it a Bitcoin-backed treasury entity. To support his assertion, the entrepreneur presented a diagram outlining the reasoning behind MicroStrategy’s Bitcoin investment strategy.

As you can see, the essence of the scheme is that MicroStrategy, as a Bitcoin treasury, buys BTC on its balance sheet and, with these reserves, issues various securities, both leveraged and common. The securities include MSTR Options, MSTR ETFs, Spot Bitcoin ETFs and MSTR Convertible Shares, as well as MSTR Dividend and MSTR Fixed. 

$MSTR is a Bitcoin Treasury Company, backed by $BTC Reserves.

— Michael Saylor⚡️ (@saylor) November 7, 2024

As noted in a footnote, the last two devices have not been created yet, so we can’t provide specific details about them at this time. Nevertheless, it’s evident from the chart that the company intends to distribute their earnings, a fact that has been made clear.

MicroStrategy, Bitcoin and Michael Saylor

At present, MicroStrategy owns about 252,220 Bitcoins, with each coin valued around $75,000. This means that their Bitcoin holdings are worth over $18.91 billion. Over half of this value represents unrealized profit, while the average price they paid for these Bitcoins is roughly $39,266.

Without a doubt, MicroStrategy’s story is destined to be remembered as a company that rose from humble beginnings to a significant global software provider and the pioneer in holding Bitcoin as a corporate asset, according to Michael Saylor’s description.

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2024-11-07 20:13