MicroStrategy's ambition to build a trillion-dollar#Bitcoinbank
In an interview with analysts at research firm Bernstein, Michael Saylor shared his long-term vision for Bitcoin and #MicroStrategy's role in building a Bitcoin bank.
He believes that Bitcoin is “the most valuable asset in the world” and that MicroStrategy’s ultimate goal is to build a Bitcoin financial bank or Bitcoin commercial bank, with a value of up to trillions of dollars.
Since 2020, MicroStrategy has been steadily buying and accumulating Bitcoin, using both debt and equity to maximize returns.
Most recently, the company purchased an additional 7,420 BTC, bringing its total Bitcoin holdings to 252,220 BTC, worth about $15 billion. This represents 1.2% of the total BTC supply, making MicroStrategy the largest Bitcoin holding company in the world.
According to Michael Saylor, Bitcoin is the best performing asset of the 21st century.
“The benefit of Bitcoin is that you don’t have to worry about counterparty risk. Even in the worst case scenario, I still believe Bitcoin will grow at least 22% per year for the next decade,” said Michael Saylor.
