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What will be MicroStrategy's rank among Bitcoin-holding financial institutions by the end of 2025?
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Michael Saylor's MicroStrategy Aims to Become First Trillion-Dollar Bitcoin Bank
Oct 11, 2024, 11:26 AM
Michael Saylor, founder and executive chairman of MicroStrategy, has announced ambitious plans for the company to become the world's first trillion-dollar Bitcoin bank. Saylor outlined a vision where MicroStrategy would continue to raise significant capital, potentially up to $200 billion, to invest in Bitcoin. He emphasized the scalability of their strategy, stating that they could easily raise $100 billion more capital and then $200 billion after that. Saylor also mentioned that the company aims to dominate the fixed income markets by continuously buying more Bitcoin. MicroStrategy currently holds a $16 billion Bitcoin pile.
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