Key Takeaways
- MicroStrategy aims to be a leading Bitcoin bank with a trillion-dollar valuation.
- The company has amassed over 252,000 BTC, worth more than $15 billion.
- Saylor predicts Bitcoin could grow by 29% annually, reaching millions per coin.
In a recent interview with Bernstein analysts, MicroStrategy founder Michael Saylor detailed the company’s plan to become the leading Bitcoin bank, aiming for a trillion-dollar valuation.
Unlike traditional banks, MicroStrategy focuses on borrowing funds at low rates, investing them in Bitcoin, and expecting an average annual return of 29%.
Saylor highlighted that the company has accumulated over 252,000 BTC, currently valued at $15 billion.
Saylor believes Bitcoin’s potential growth could make MicroStrategy a dominant force in the global financial markets. He said:
It’s the most valuable asset.
He sees Bitcoin reaching millions of dollars per coin, which would position the company as a trillion-dollar entity, offering various Bitcoin capital market instruments.
Saylor emphasized that borrowing to invest in Bitcoin, rather than lending out funds, minimizes counterparty risk while offering high returns.
He believes MicroStrategy’s strategy of bridging USD and Bitcoin markets through investment products sets it apart from other firms.