MicroStrategy's Bitcoin Strategy

In a tweet, Michael Saylor, founder and executive chairman of MicroStrategy, outlined the elements of the successful strategy that has contributed to the company's significant growth in market cap and share price over the last four years.

Key BTC Principles for MicroStrategy's Success

Saylor emphasized that $MSTR is deeply connected with $BTC, indicating that Bitcoin has been a major factor influencing MSTR's price. Here are the "Bitcoin principles" that he shared:

1. Buying and holding Bitcoin indefinitely, exclusively, and securely.
2. Focusing on long-term value creation for MSTR common stock.
3. Treating all investors with respect, consistency, and transparency.
4. Structuring MSTR to outperform Bitcoin through intelligent leverage.
5. Continually acquiring Bitcoin while achieving positive BTC yield.
6. Growing rapidly yet responsibly according to market dynamics.
7. Issuing innovative fixed-income securities backed by BTC.
8. Maintaining a healthy, robust, and pristine balance sheet.
9. Promoting global adoption of Bitcoin as a treasury reserve asset.

This week, MicroStrategy revealed plans to raise $42 billion over the next three years to purchase more Bitcoin. Currently, they hold roughly $18 billion worth of BTC, equivalent to 252,220 Bitcoins.

Recent Bitcoin Transfer

MicroStrategy recently transferred a significant amount of Bitcoin to a new wallet, moving 1,652 BTC valued at approximately $114.38 million. This transfer is a small fraction of their total Bitcoin holdings, which were acquired at an average price of $39,266 each, resulting in an unrealized profit of nearly $8 billion.

Bitcoin’s current trading price stands at $69,583, having seen a 2.36% decline from its recent high.