Today, the Executive President and CEO of the strategy Michael Saylor commented on the aggressive Bitcoin -based strategy of the company in a recent interview in Bloomberg, emphasizing that Bitcoin is not going to zero, it will go to $ 1 million.
“I think we are in a digital gold fever and you are ten years old to acquire all your bitcoin before Bitcoin is not left,” Saylor said. “Competition is a virtuous competition.”
Saylor also said that Bitcoin will no longer have bears markets and that the price goes to $ 1 million per currency.
“Winter will not return,” Sayor said. “We make that phase. If Bitcoin does not go to zero, it goes to $ 1 million. The president of the United States is determined. He supports Bitcoin, the cabinet supports Bitcoin, Scott Besent supports Bitcoin, Paul Atkins shows himself as a Bitcoin believing enthusiastic and digital acts … Bitcoin has gone through his riskiest period of risk.”
He too pointed Out of international companies are quickly entering space.
“Metaplanet is the most popular company in Japan at this time, $ 10 million went to a market capitalization of $ 1 billion to a market capitalization of $ 5 billion. They will raise billions of dollars. They will get the liquidity from the Japanese market. Therefore, capital will increase in Tokyo and the Tokyo Stock Exchange … It is not competitive. It is cooperative.”
The strategy approach is far from traditional. The company is not only buying and holding Bitcoin; He is building financial instruments around him, that Saylor believes that he distinguishes them.
“Our company has a very particular business model,” he said. “It is to issue credit instruments backed by Bitcoin as bonds bonded by Bitcoin and especially preferred actions backed by Bitcoin. We are the only company in the world that has been able to issue a preferred action backed by Bitcoin. We have done three of them in the last five months.”
Instead of seeing Bitcoin Treasury Holdings or ETF as competitors, Saylor explained that the strategy is completely pointing to a different segment of the market.
“We are not competing against Bitcoin Treasury companies. We are competing against ETF as PFF that have preferred shares portfolios or corporate bond wallets that are operated as ETF in the public market, and the way we compete is that we offer 400 more basic points of performance in an instrument that is much more strongly strongly strongly around collateralization and more transparent and more transparent … that is $ 100. Inserters
He stressed that the Bitcoin strategy balance gives him a unique advantage, which gives the company the ability to design unique financial products.
“Our advantage is that we are 100% bitcoin … It is impossible to issue a convertible with a preferred and fixed fixed bitcoin support backed by Bitcoin unless you are willing to make 100% of its Bitcoin balance.”
“I’m not really worried about JPMorgan’s competition or Berkshire Hathaway,” Saylor concluded. “I would love to enter Bitcoin’s space, they buy a lot of bitcoin. When they do, they will pay $ 1,000,000 per bitcoin. The price will go to the moon.”
