In a recent tweet, Michael Saylor, founder and executive chairman of MicroStrategy, unveiled the key principles that have fueled the company’s remarkable growth in market capitalization and share price over the past four years. Saylor, a well-known Bitcoin evangelist, reaffirmed MicroStrategy’s commitment to Bitcoin, stating that the company has developed an “exclusive relationship” with the cryptocurrency, which has been a significant driver of its success.
Saylor outlined nine fundamental BTC principles that underpin MicroStrategy’s strategy.
- Indefinite Bitcoin Acquisition: Continuously buy and hold Bitcoin exclusively and securely.
- Long-Term Value Creation: Focus on enhancing the long-term value of MSTR common stock.
- Investor Respect and Transparency: Treat all investors with consistency and openness.
- Intelligent Leverage: Structure MicroStrategy to outperform Bitcoin through Smart Leverage Strategies.
- Continuous Bitcoin Accumulation: Acquire Bitcoin regularly while achieving positive yields.
- Responsible Growth: Expand rapidly and responsibly, adapting to market dynamics.
- Innovative Securities: Issue fixed-income securities backed by Bitcoin.
- Robust Balance Sheet: Maintain a healthy and pristine balance sheet.
- Global Bitcoin Adoption: Promote the global adoption of Bitcoin as a Treasury reserve asset.
In a bold move, MicroStrategy announced plans to raise an astounding $42 billion over the next three years to further increase its Bitcoin holdings. Currently, the company boasts an impressive $18 billion worth of Bitcoin, equating to approximately 252,220 BTC.
Additionally, recent on-chain data revealed that MicroStrategy has transferred a significant amount of Bitcoin to a newly created wallet. The company moved 1,652 BTC, valued at around $114.38 million, although this is a small portion of its extensive crypto portfolio. The average purchase price for these coins was approximately $39,266 each, giving MicroStrategy an unrealized profit of nearly $8 billion.
As Bitcoin fluctuates around $69,583, having recently dipped from a high of $74,000, Saylor’s insights and strategies underscore the growing influence of Bitcoin in the corporate landscape, positioning MicroStrategy at the forefront of this financial revolution.
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