Jump Aboard the Bitcoin Express, Advise Michael Saylor
Jump on the Bitcoin Bandwagon: Saylor's $84 Billion Plan
Saylor, ex-CEO of Strategy (formerly MicroStrategy), just dropped a major hint in a Bitcoin-illuminated post, calling all investors to hop aboard the crypto train. This isn't just another investment; Saylor is eyeing a whopping $84 billion by 2027, earmarked solely for Bitcoin acquisitions.
After announcing a $21 billion equity offering, Strategy's got $57 billion left to conquer. But this isn't a casual goal—it's a capital plan Mirroring U.S. Treasury bond issuance, signifying an unprecedented level of commitment for a single asset.
Strategy currently store 555,450 Bitcoins, worth an eye-popping $53.8 billion, with an average purchase price of $68,550, translating to a jaw-dropping unrealized gain of over 41%. Last week, another 1,895 Bitcoins joined the gang.
Strategy is fashioning itself as Bitcoin's corporate doppelganger to Berkshire Hathaway—while Warren Buffet's company is known for its diversified, cash-rich portfolio, Strategy is transforming into a Bitcoin-centric powerhouse, reinvesting all gains into the world's most popular cryptocurrency.
In case you're wondering, the company's financials demonstrate this dedication, boasting a whopping $105.4 billion market cap, $112.08 billion enterprise value, and over 51% of its valuation directly tied to Bitcoin holdings. Folks in the market are betting on the vision, not just the digital gold. Trading under the ticker MSTR, each share sets you back $395.50, with an NAV multiple of 1.958.
In a nutshell, Saylor's vision is no joke—it's all about raising $84 billion for Bitcoin via equity sales, debt issuance, and organic company cashflow. This ambitious plan—dubbed the "42/42 Plan"—builds on and doubles the scope of the earlier "21/21 Plan." And analysts predict Strategy could potentially acquire $124 billion in Bitcoin by 2030! So, are you ready to ride the Bitcoin bull wave? #MichaelSaylor #MicroStrategy #BitcoinNews #StrategyNews
- Michael Saylor, the former CEO of Strategy, is urging investors to start Bitcoin trading, eyeing a target of $84 billion in Bitcoin acquisitions by 2027.
- Strategy is aggressively pursuing a goal of acquiring $84 billion in Bitcoins, a capital plan that mirrors U.S. Treasury bond issuance, demonstrating a high level of commitment to a single asset.
- Currently, Strategy holds over 555,000 Bitcoins, worth approximately $53.8 billion, with an average purchase price of $68,550, and has even recently acquired an additional 1,895 Bitcoins.
- Strategy is transforming its financial profile, diversifying away from traditional investments to become a Bitcoin-centric company, with over 51% of its valuation tied to Bitcoin holdings and a market cap of $105.4 billion. This strategic shift positions Strategy as a major player in the Bitcoin market.
