Michael Saylor Aims To Make MicroStrategy The Leading Bitcoin Bank With $1 Trillion Valuation

MicroStrategy
founder
and
executive
chairman
Michael
Saylor
told
Bernstein
that
the
endgame
for
the
company
is
to
become
the
leading
Bitcoin
bank
with
a
$1
trillion
valuation.

Bitcoin
“is
the
most
valuable
asset
in
the
world,”
Saylor
told
Bernstein
in
a
recent
interview,
according
to
an
Oct.
11
research
note

reported
by
The
Block.
The
leading
crypto
“is
going
to
go
to
millions
[of
dollars]
a
coin,”
catapulting
MicroStrategy
to
a
“trillion
dollar
company,”
he
added. 

MicroStrategy
Could
Increase
Its
BTC
Holdings
By
As
Much
As
10X

MicroStrategy

has
been
accumulating
large
amounts
of
BTC
since
2020
via
debt
and
equity
offerings
to
maximize
returns
to
investors.
Last
month,
the
company
bought
another
7,420
BTC
to
push
its
total

holdings
to
252,220
coins
valued
at
around
$15
billion.

The
firm’s
decision
to
accumulate
BTC
is
based
on
the
belief
that
Bitcoin
is
the
best
deflationary
asset.
Saylor
thinks
MicroStrategy
will
be
able
to
increase
its
current
BTC
holdings
10-fold
in
the
coming
years
as
it
heads
for
that
$1
trillion
valuation. 

Only
one
of
these
stocks
is
powered
by

#Bitcoin.

pic.twitter.com/sBEZKAtjWL

—
Michael
Saylor⚡️
(@saylor)

September
28,
2024

“If
we
end
up
with
$20bn
of
converts,
$20bn
of
preferred
stock,
$10bn
of
debt
and
say
$50bn
billion
of
some
kind
of
debt
instrument
and
structures
instrument,
we’ll
have
$100-$150bn
of


Bitcoin,”
he
told
Bernstein.

With
additional
“volatility
and
ARR,”
the
MicroStrategy
founder
believes
the
company
could
trade
at
a
100%
premium
to
the
potential
$150
billion
BTC
reserves
that
Saylor
wants
to
build.
Thereafter,
he
aims
to
make
the
firm
a
$300-$400
billion
company
“with
the
biggest
options
market”
and
“the
biggest
equity
market.”

Michael
Saylor
Calls
Bitcoin
A
“Trillion
Dollar
Asset
Class”

When
asked
how
scalable
MicroStrategy’s
debt
strategy
is,
Saylor
responded
by
saying
that
it
is
“infinitely
scalable.”
He
added
that
he
does
not
foresee
any
issues
with
raising
another
$100
billion
in
capital
before
an
additional
$200
billion
thereafter.

Bitcoin
is
a
“trillion
dollar
asset
class
going
to
$10
trillion
and
then
going
to
$100
trillion,”
he
said. 

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