The amidst a wave of panic On Friday, in the crypto markets there was a rumor that Strategy MSTR (the company) had sold its bitcoins due to the decline of both BTC as well as MSTR.
Michael Saylor, the Executive Chairman of Saylor & Company quickly dismissed all chatter. telling CNBC, “We are buying bitcoin,” He also added that Strategy is important. Strategy, he said, is crucial. “accelerating [its] purchases” Investors could also be suggested “pleasantly surprised” By recent activity
It is important to note that the word “you” means “you”. rumors On-chain transactions showed BTC leaving wallets controlled by companies, which coincided with a short drop in Bitcoin below $95,000. That was its lowest price in about six months.
Saylor maintained his confidence in the face of this, “There is no truth to this rumor.”
MSTR shares were trading below $200 at pre-market, and down by nearly 35% since the beginning of this year. There are concerns that MSTR may liquidate its bitcoins to balance out their financials.
Saylor advises investors to keep perspective despite the volatility. “Zoom out,” He said that just over a calendar year ago, bitcoin traded in the $55,000 to $60,000 range. Even after recent declines, BTC at $95,000 “is still showing a pretty great return.”
Strategy is a key element, he added. “put in a pretty strong base of support around here” Bitcoin could rise from its current level, and the investor expressed confidence.
Strategy now holds The average cost of each coin is $74,000. The market cap of the company is below the bitcoin value, pushing the market to net asset value (mNAV), which can be used as a metric for determining whether the stock price may be too low.
Saylor insisted that Strategy’s financial statement is still very strong. “pretty stable” There are no debt triggers imminent, and the leverage is only partial.
The Bitcoin investment is a great one.
Saylor is still optimistic about the prospects for long term. “Bitcoin is always a good investment,” As long as investors have an horizon at least of four years and are ready for some volatility.
He compared BTC’s performance to traditional assets, noting that bitcoin has averaged roughly 50% annual growth over the past five years, outperforming gold and the S&P.
He contrasted the investment strategies, saying that investors who are looking for long-term investments might choose other products. “digital capital” Focus on Bitcoin
Strategy doubles down on its efforts despite market turmoil and the impact of institutional outflows. “We’re always buying,” Saylor stated that the company intends to take advantage of market drops to increase bitcoins, rather than selling.
Saylor: Bitcoin worth trillions
In an extensive interview with Bitcoin Magazine Saylor outlined A visionary plan to create a Bitcoin balance sheet worth a trillion dollars, and use it to transform global finance.
He envisions accumulating $1 trillion in Bitcoin and growing it 20–30% annually, leveraging long-term appreciation to create a massive store of digital collateral.
From this base, Saylor plans to issue Bitcoin-backed credit at yields significantly higher than traditional fiat systems, potentially 2–4% above corporate or sovereign debt, offering safer, over-collateralized alternatives.
This could be a catalyst for the revitalization of credit markets, corporate balance sheets, and equity indexes. He also anticipates new financial products such as higher-yielding savings accounts, money funds, and services like insurance that are denominated by Bitcoin.
Strategy was released earlier this week. bought 487 BTC is about $49.9 Million. Bitcoin was trading at around $106,000 when the announcement took place. The company acquired 641,692 BTC between November 3-9 at an average cost of $102,557 each. Its overall holdings now total $47.54 Billion, or $74,079 on average.
Bitcoin was trading for $96,815 at the time this article was written, with lows near $94,000.
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Source: bitcoinmagazine.com
