Michael Saylor Reveals Major Reason Behind MicroStrategy’s ‘Bitcoin Strategy’

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As a seasoned researcher with a keen eye for market trends and a knack for spotting potential, I find Michael Saylor’s approach to Bitcoin intriguing. His decision to adopt a ‘Bitcoin Strategy’ for MicroStrategy, despite the cryptocurrency’s volatility, is a bold move that underscores his confidence in its long-term potential.

As an analyst, I’ve recently delved into the rationale behind MicroStrategy’s ‘Bitcoin Strategy’, a move initiated by co-founder Michael Saylor since August 2020. In a recent discourse, this tech visionary also shed light on the upcoming Microsoft shareholders’ meeting, where a vote is scheduled regarding the potential inclusion of Bitcoin in their financial ledger.

Michael Saylor Reveals Reason For MicroStrategy’s ‘Bitcoin Strategy’

As a crypto investor, I’ve found myself drawn to the strategy my company has adopted – embracing Bitcoin (BTC) due to its volatility and limited supply. This approach, as elucidated by Michael Saylor in a recent CNBC interview, is a smart move because BTC has consistently outperformed traditional commodities such as gold and silver. In essence, we’re capitalizing on the unique characteristics of this digital gold, riding its wave to potential profits.

As a crypto investor, I’d like to highlight an interesting point: Bitcoin (BTC) has approximately 60% volatility, contrasting other traditional commodities with lower volatility that often don’t sustain for long periods. Michael Saylor further emphasized that BTC is the unique commodity ever created by humankind that is “completely capped.

Accordingly, MicroStrategy’s co-founder stated that the value of Bitcoin is expected to increase since it becomes increasingly rare. Moreover, Michael Saylor pointed out that Bitcoin surpassed the performance of the S&P index but exhibits greater volatility compared to conventional stocks.

In a simpler phrasing, here’s how you could rephrase the given text: Unlike traditional stocks, investors can invest all their liquid funds in cryptocurrency, according to SEC regulations, which is not possible for publicly traded companies with securities.

Saylor’s remarks come just as MicroStrategy recently acquired 15,400 BTC for $1.5 billion. The software company has bought Bitcoin for four consecutive weeks now, spending over $11 billion in the process.

When inquired about potential worries regarding volatility leading to significant Bitcoin price decreases, Saylor expressed optimism that it would instead soar extraordinarily and potentially reach up to $180,000. After this peak, he anticipates a decline to around $140,000.

It’s notable that both Saylor and MicroStrategy weathered the 2021 cryptocurrency bear market, making it unlikely for them to be deterred by potential pullbacks in the primary crypto.

Thoughts On Microsoft’s Bitcoin Vote

On December 10, Microsoft is set to make a decision about incorporating Bitcoin into their financial holdings. Michael Saylor, a prominent figure, advocates for the company to wholeheartedly adopt the leading cryptocurrency. In a recent discussion, he expressed his viewpoint that if Microsoft were to invest all its current cash reserves in Bitcoin, it could potentially increase its market value by a staggering trillion dollars and boost its share price by $150 per unit.

Saylor added that the company could add another $1 trillion and $150 to its share price if it converts its existing dividend into Bitcoin. The MicroStrategy co-founder believes the same will happen if Microsoft replaces their share buybacks with investing in BTC.

Michael Saylor shares the view that investing in Bitcoin could serve as an effective method for Microsoft to diversify and boost its corporate worth, while reducing risk. Notably, Saylor recently presented a succinct three-minute case to Microsoft shareholders outlining the advantages of adopting Bitcoin. Kudos are pouring in for Saylor’s Bitcoin strategy from financial expert Robert Kiyosaki.

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2024-12-03 20:34