MicroStrategy co-founder and executive chairman Michael Saylor released the tracking data for MicroStrategy's Bitcoin holdings for the ninth consecutive week on the 5th, pointing out the inaccuracies in the data, which seems to suggest that MicroStrategy will increase its Bitcoin holdings again. Recently, he announced that after his death, he would destroy his Bitcoin private keys. (Background: MicroStrategy issued $2 billion in preferred stock in Q1 to 'increase Bitcoin holdings'! Stock price jumped 13%) (Additional background: MicroStrategy has fallen 44% from its peak! 10x Research: The leveraged Bitcoin narrative dissipates, three key factors determine BTC's trend this year) As the new year approaches, the U.S. listed company MicroStrategy, a dominant holder of Bitcoin, continues to increase its Bitcoin holdings. Michael Saylor shared the Bitcoin holdings data tracked by SaylorTracker.com on the 5th. This is the ninth consecutive week that Michael Saylor has released the Bitcoin holdings data for MicroStrategy; however, this time he directly stated that 'some parts of the website are not quite right', which very likely indicates that MicroStrategy is increasing its Bitcoin holdings again. According to previous patterns, Michael Saylor always increases his Bitcoin holdings the day after releasing the holdings data. On SaylorTracker.com, every time MicroStrategy buys Bitcoin, the site marks a green point on the corresponding date, and the Bitcoin price trend line is presented in blue. Something about https://t.co/Bx3917zMqi is not quite right. pic.twitter.com/vRTAH2xTCX — Michael Saylor (@saylor) January 5, 2025 MicroStrategy proposed the 21/21 plan at the end of October last year, aiming to raise $21 billion in equity financing over the next three years and issue $21 billion in fixed-income products (including debt, convertible notes, and preferred stock), raising a total of $42 billion to purchase more Bitcoin. MicroStrategy just announced the latest progress of its 21/21 plan on the 3rd, planning to raise up to $2 billion by issuing perpetual preferred stock through one or more public offerings, aimed at helping the company continue to strengthen its balance sheet and purchase more Bitcoin, expected to be implemented in the first quarter of 2025. MicroStrategy currently holds 446,400 Bitcoins, worth approximately $44.27 billion, with unrealized profits as high as $16.3 billion. Reiterating the intention to destroy Bitcoin keys after death Another noteworthy point is that Michael Saylor recently announced in an interview with Fox Business that he would destroy his Bitcoin private keys after his death, describing this move as a 'pro rata contribution to everyone in the world who owns Bitcoin.' Saylor reaffirms his intention to have his Bitcoin keys destroyed when he passes away, describing it as a “pro rata contribution to everyone in the world who owns Bitcoin.” pic.twitter.com/pUM82dIvS3 — Bitcoin News (@BitcoinNewsCom) January 4, 2025 Michael Saylor argues that Bitcoin holders should destroy their Bitcoin private keys after death, permanently depriving them of access to their Bitcoin holdings, which would reduce the supply of Bitcoin in the market, ultimately ensuring an increase in Bitcoin value, thereby benefiting the holders. Michael Saylor expresses his hope that he will be remembered for 'taking the torch from Satoshi Nakamoto and promoting the commercialization of Bitcoin through businesses and governments decades after his death.' Michael Saylor revealed at the end of 2020 that he personally holds 17,732 Bitcoins, previously stating that over the years he has not sold any Bitcoin but has continued to increase his holdings, though the exact number is currently unclear. The proposal to destroy Bitcoin private keys after death has sparked widespread discussion in the crypto community. From a critical perspective, this move may seem irresponsible and wasteful; if many large holders adopt this practice, it could distort the Bitcoin ecosystem. However, some community members praise this move as a 'very good diamond hand strategy.' Related reports: MicroStrategy fell 20% in December; analysts warn: 'Issuing bonds to buy Bitcoin' positive cycle may be broken, phase top may have formed. MicroStrategy convenes a special shareholder meeting: promoting stock issuance, raising $42 billion to buy BTC over the next three years. Michael Saylor: U.S. Bitcoin reserves are expected to offset $81 trillion in debt, increasing chances of MicroStrategy being included in the S&P 500. 'Michael Saylor announces he will destroy all Bitcoin private keys after death: a contribution to everyone with BTC in the world.' This article was first published by BlockTempo (the most influential blockchain news media).

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