Following Microsoft's recent moves, suggestion Michael Saylor, co-founder of MicroStrategy and prominent BTC supporter, has warned Microsoft CEO Satya Nadella that shareholders considering investing in Bitcoin should use the largest virtual currency as a vehicle for future growth. publicly encouraged the adoption of the currency.
MicroStrategy stock soars to 25-year high
in Post on social media “If you want to make the next trillion dollars for Microsoft shareholders, give me a call,” Saylor of Platform
Saylor's company, MicroStrategy, has made headlines for its aggressive Bitcoin acquisition strategy over the past four years, driving up its stock price significantly.
On Friday, MicroStrategy's stock price reached a 25-year high of $245, reflecting a significant share price increase, particularly due to its BTC holding strategy approach.
Microsoft's report on BTC investment evaluation also points out that MicroStrategy's stock has outperformed the company's stock by 313% this year, despite operating only a small portion of the business. are.
among them reportMicrosoft pointed to the success of MicroStrategy's investment approach and emphasized that the company's stock has seen significant gains thanks to its BTC holdings.
Interestingly, some analysts guess Microsoft's new focus on BTC investments comes after Black, the company's second-largest shareholder, recently entered the crypto market with the approval of Spot Bitcoin and Ethereum exchange-traded funds in January and July of this year, respectively. It is said that it may have been influenced by rock music.
Major Bitcoin merchant bank?
Saylor has ambitious plans for MicroStrategy, including establishing the company as a leading Bitcoin or “merchant bank” capable of creating a variety of BTC capital market products such as stocks, convertibles, and fixed income products.
as before reported According to Bitcoinist, Saylor envisions a future where MicroStrategy holds between $100 billion and $150 billion of Bitcoin through these financial structures.
MicroStrategy owns over 252,000 BTC (worth approximately $15.7 billion), primarily Financing through debt. Sailor said at the time:
This is the world's most valuable asset. The ultimate goal is to become a leading Bitcoin bank, or merchant bank, or BTC financial company.
Saylor's strategy is unwavering: “We're just going to keep buying more Bitcoin,” he asserts. He believes that the value of BTC will rise. predict It could reach $13 million per coin by 2045 to capture a larger share of global financial capital.
This perspective stands in sharp contrast to other companies like Tesla, which have used Bitcoin profits to fund operations and collect fees.
As of this writing, the largest cryptocurrency on the market is trading at $67,800, marking a price recovery of 8% in the past two weeks and over 95% since the beginning of the year.
Featured image from DALL-E, chart from TradingView.com
