Michael Saylor’s MicroStrategy Holds Over 1% of All Bitcoins; Now the Company Could Move onto BlockDAG Network

MicroStrategy,
a
US-based
software
business,
now
holds
more
BTC
than
any
one
in
the
world,
after
increasing
its
holdings
to
nearly
$14
billion
(£11
billion).
Now,
it
is
being
speculated
that
Michael
Saylor’s
company
is
eying
potential
investment
in BlockDAG
Network. 

Michael
Saylor
and
The
Bitcoin
Boom

Many
have
seen
millions
of
dollars
in
returns
with
the
“Bitcoin
boom,”
but
Michael
Saylor
has
made
billions
with
the
“first”
cryptocurrency.
The
dot-com
entrepreneur’s
bold
move
in
2020
to
initiate
big
Bitcoin
purchases
has
yielded
substantial
returns
this
2024. 

Bloomberg
data
reports
that
Saylor,
the
co-founder
and
executive
chairman
of
MicroStrategy
Inc,
has
reportedly
amassed
around
$400
million
through
planned
daily
sales
of
approximately
5,000
shares
of
the
enterprise
software
company
from
January
to
the
previous
week.
MicroStrategy’s
stock
has
doubled
in
value
this
year,
reaching
about
$1,290
(£1,000),
surpassing
even
the
gains
of
Bitcoin
during
the
same
period.
In
comparison,
at
the
end
of
2014,
MicroStrategy
was
trading
around
$160
(£125).

In
its
latest
financial
report,
MicroStrategy,
headquartered
in
Tysons
Corner,
Virginia,
 disclosed
the
acquisition
of
over
25,000
BTC
during
the
first
four
months
of
2024,
bolstering
its
total
holdings
to
214,400
BTC
–
surpassing
1
percent
of
all
Bitcoins
in
circulation.

With
this
significant
accumulation,
MicroStrategy
solidifies
its
position
as
the
largest
corporate
holder
of
Bitcoin
globally,
boasting
over
ten
times
the
holdings
of
the
second-largest
public
company,
mining
firm
Marathon
Digital
Holdings.

The
company’s
Bitcoin
reserves
now
exceed
those
of
the
United
States,
which
holds
207,189
BTC
valued
at
$13.5
billion
(£10.7
billion),
as
reported
by
Bitcoin
Treasuries. 

BTC
is
currently
valued
at
approximately
$63,000
(£50,800)
per
coin
and
on
a
rebound
from
last
week’s
low
of
$56,000–Despite
price
fluctuations,
MicroStrategy
has
seen
its
crypto
investment
appreciate
by
over
$6
billion
(£4.7B).
The
company
shows
no
signs
of
divesting,
and
now,
it
is
being
speculated
that
the
investment
team
is
keeping
an
eye
on
a
newer
cryptocurrency
project, BlockDAG
Network.

Analysts
Are
Bullish
on
Bitcoin
and
BlockDAG
Network 

As
Michael
Saylor
continues
to
make
billions
through
the
strategic
acquisition
of
Bitcoin,
speculations
have
started
to
get
around
in
the
crypto
industry
about
his
company,
MicroStrategy’s
potential
interest
in
diversifying
its
digital
asset
portfolio
with
BlockDAG
Network. 

BlockDAG
Network,
an
emerging
project,
hailed
as
one
of
the
most
innovative
platforms
in
the
blockchain
industry
today,
is
on
its
journey
to
revolutionise
the
decentralised
finance
sector
with
its
groundbreaking
technology
and
democratic
vision–could
this
be
the
reason
why
Michael
Saylor’s
investment
group
is
allegedly
interested
in
the
purchase
of
millions
worth
of
BDAG
coins? 

The
news
comes
after
the
brand’s
recent
release
of
the
roadmap
through
which
BlockDAG
Network
has
outlined
ambitious
plans
for
development
and
expansion,
signalling
its
commitment
to
becoming
a
leading
player
in
the
crypto
market.

The
brand’s
unique
block-directed
acyclic
graph
(DAG)
structure
offers
scalability,
security,
and
efficiency,
addressing
some
of
the
key
challenges
faced
by
traditional
blockchain
networks. 

For
investors
of
both
MicroStrategy
and BlockDAG
Network,
the
potential
collaboration
could
open
up
new
avenues
for
growth
and
diversification.
By
leveraging
MicroStrategy’s
vast
resources
and
expertise
in
the
crypto
space,
BlockDAG
Network
could
accelerate
its
trajectory
towards
global
and
mainstream
adoption
and
solidify
its
position
as
a
top
project
in
the
industry.
On
the
other
hand,
MicroStrategy
investors
could
benefit
from
the
added
diversification
of
their
crypto
asset
portfolio
and
potential
gains
from
BlockDAG’s
success.

The
release
of
BlockDAG
Network’s
roadmap
further
underscores
its
commitment
to
innovation
and
progress.
With
plans
for
the
development
of
new
features,
partnerships,
and
community
engagement
initiatives,
the
network
is
poised
for
rapid
growth
and
expansion
in
the
coming
months,
with
analysts
bullish
on
the
2025
prospects
of
BDAG
coin
reaching
anywhere
between
$10
and
$25
per
coin
(between
£8
and
£19). 

As
Saylor
weighs
his
options
for
strategic
investments,
BlockDAG
Network’s
potential
to
disrupt
the
status
quo
and
drive
value
creation
could
make
it
an
attractive
proposition
for
MicroStrategy
and
its
investors

Amid
Bitcoin’s
resurgence,
projected
to
top
last
March’s
record
highs
of
$73,000
(£58,000),
Mr.
Saylor
reinforced
his
bullish
stance
through
a
tweet
on
Monday “Bet
on
the
winner
#Bitcoin.” Now,
speculation
abound
regarding
his
potential
business
investments
in
innovative
projects
like
BlockDAG
Network. 

With
MicroStrategy’s
significant
holdings
in
Bitcoin
and
its
demonstrated
commitment
to
expanding
its
crypto
portfolio,
the
allure
of
emerging
global
networks
such
as
BlockDAG
is
undeniable.
BlockDAG’s
groundbreaking
technology
and
ambitious
roadmap
may
present
an
attractive
opportunity
for
MicroStrategy
to
diversify
its
crypto
assets
further
and
tap
into
a
growing
asset.
As
Saylor’s
vision
continues
to
drive
MicroStrategy’s
investment
decisions,
the
prospect
of
a
partnership
or
investment
in
BlockDAG
Network
could
signal
yet
another
bold
move
in
the
company’s
crypto
journey
and
a
huge
rise
in
BDAG
coin’s
value.

Read
About BlockDAG
Presale:

Website: https://blockdag.network

Presale: https://purchase.blockdag.network

Telegram:https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

Disclaimer: The
information
provided
in
this
press
release
is
not
a
solicitation
for
investment,
nor
is
it
intended
as
investment
advice,
financial
advice,
or
trading
advice.
It
is
strongly
recommended
you
practice
due
diligence,
including
consultation
with
a
professional
financial
advisor,
before
investing
in
or
trading
cryptocurrency
and
securities.