Author: James, BlockTempo
As the new year approaches, MicroStrategy, the leading publicly traded company in Bitcoin holdings, continues to accumulate Bitcoin. Co-founder Michael Saylor tweeted on the 5th, sharing the Bitcoin holdings data tracked by SaylorTracker.com.
This is Michael Saylor's ninth consecutive week of releasing MicroStrategy's Bitcoin holdings tracking data. However, this time is different from before, as he openly stated that 'some parts of the website are not very accurate,' likely implying that MicroStrategy has once again increased its Bitcoin holdings.
According to previous patterns, Michael Saylor always increases his Bitcoin holdings the day after releasing his holdings data. On SaylorTracker.com, each time MicroStrategy buys Bitcoin, the website marks a green dot on the corresponding date, while the Bitcoin price trend is presented in blue.
MicroStrategy proposed the 21/21 plan in late October last year, aiming to raise $21 billion in equity financing and issue $21 billion in fixed-income products (including debt, convertible notes, and preferred stock) over the next three years, 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 through one or more public offerings of perpetual preferred stock, aimed at helping the company continuously strengthen its balance sheet and purchase more Bitcoin, expected to be implemented in the first quarter of 2025.
MicroStrategy currently holds a total of 446,400 Bitcoins, valued at approximately $4.427 billion, with unrealized profits reaching $1.63 billion.
Reiterated that the Bitcoin private keys will be destroyed after death.
Additionally, it is worth noting that Michael Saylor recently announced in an interview with Fox Business that he will destroy his Bitcoin private keys after his death. He described this action as a 'proportional contribution to every person in the world who owns Bitcoin.'
Michael Saylor advocates that Bitcoin holders should destroy their Bitcoin private keys after death, permanently depriving access to their held Bitcoins. This will reduce the supply of Bitcoin in the market, ultimately ensuring an increase in Bitcoin's value, thereby benefiting the holders.
Michael Saylor stated that he hopes to be remembered for 'taking the torch from Satoshi Nakamoto and promoting commercial Bitcoin through businesses and governments decades after his death.'
'Michael Saylor revealed at the end of 2020 that he personally held 17,732 Bitcoins. He previously stated that he had not sold any Bitcoin over the years, but had continued to increase his holdings. However, the exact number is currently unclear.'
The proposal to destroy Bitcoin private keys after death has sparked widespread discussion in the cryptocurrency community. From a critical perspective, this move may seem irresponsible and wasteful. If many large whales adopt this practice, it could distort the Bitcoin ecosystem. However, some community members praise this as a 'very good diamond hand strategy.'
