MicroStrategy has recently made another move, spending $4.6 billion to buy over 50,000 Bitcoins within a week, bringing its total holdings to over 330,000, accounting for 1.5% of the total global Bitcoin supply. Founder Michael Saylor emphasized that Bitcoin is the future of global assets and suggested that companies like Berkshire Hathaway and Microsoft, which hold large amounts of cash, should enter the market to purchase Bitcoin, thereby preserving capital and creating higher returns.
Purchased 50,000 Bitcoins in a week at an average price of about $88,000.
According to documents, from November 11 to November 17, MicroStrategy purchased 51,780 Bitcoins at an average price of about $88,000 each, spending up to $4.6 billion. MicroStrategy currently holds a total of 331,200 Bitcoins, with a cumulative purchase cost of about $16.5 billion, averaging about $49,874 per Bitcoin. MicroStrategy has become one of the publicly traded companies holding the most Bitcoin globally, accounting for about 1.5% of the total global Bitcoin supply.
The fundraising through common stock continues, with a cumulative issuance amount reaching $21 billion.
MicroStrategy continues to raise funds through the issuance of common stock to support Bitcoin purchases. It has currently raised $4.6 billion and still has nearly $15.3 billion in issuance capacity left, primarily to provide flexibility for future purchase strategies.
The Bitcoin acquisition strategy has yielded impressive returns, with a return indicator of 41.8%.
According to the Bitcoin yield indicator (BTC Yield KPI) released by MicroStrategy, the Bitcoin investment return rate from January 1 to November 17 this year has reached 41.8%. This indicates that MicroStrategy's strategy of purchasing Bitcoin through stock financing not only brings impressive returns but also provides long-term value for shareholders.
Called out to Buffett and Microsoft, stating that holding cash is not as good as buying Bitcoin.
Michael Saylor recently mentioned Berkshire Hathaway during an interview, directly telling them that the $325 billion cash they hold is 'becoming less and less valuable,' shrinking by 12% each year, which is equivalent to losing nearly $40 billion annually.
Saylor further stated that if Berkshire invests this money in Bitcoin, it could earn at least a 21% return annually, easily making over $60 billion in a year. He emphasized that as global capital gradually shifts to Bitcoin, companies entering the market now will be the biggest winners in the future.
Not only did he mention Berkshire Hathaway, but Saylor even reached out to tech giants like Microsoft. He stated that if Microsoft converts part of its cash to Bitcoin each quarter, it could generate trillions of dollars in value for shareholders over the next ten years, increasing its market capitalization by hundreds of billions.
The U.S. needs to establish a 'Bitcoin National Reserve' to maintain its global economic lead.
Saylor further urged the U.S. government to establish a 'Bitcoin National Reserve' like storing gold, and purchase at least 1 million bitcoins, accounting for 5% of the global supply. Saylor believes this would not only attract global capital to the U.S. but also ensure that the U.S. remains dominant in the global digital economy era. He stated, 'If the U.S. buys 20% of Bitcoin now, the future returns will be equivalent to the price paid for Manhattan Island back in the day.'
The scarcity of Bitcoin is evident, and institutions have started to position themselves.
Currently, the total global supply of Bitcoin is only 21 million, of which about 18% has been locked in by institutions such as MicroStrategy and BlackRock. Saylor believes that once most Bitcoins are held long-term, their scarcity will cause prices to continuously rise, heralding an unprecedented asset revolution.
