Michael Saylor, founder of MicroStrategy (Strategy), claimed that Bitcoin is not yet fully understood on Wall Street and is attracting attention with impressive analogies.
Appearing in Fox Business’s “Making Money,” Saylor explained in detail his views on the nature of Bitcoin. “Bitcoin is a virus, a virus of freedom,” he said. “It’s a financial structure based on truth,” he said. “The Bitcoin network is supported by individuals all over the world, and this collective structure works like an unstoppable hornet flock.”
According to Saylor, Wall Street is slow to grasp MicroStrategy’s strategy and the value of Bitcoin. “We are the ninth most profitable company in S&P by operating profit, but the 96th market capitalization. This inconsistency shows that Bitcoin is not completely resolved,” he said.
Saylor noted that with the implementation of new accounting standards, Bitcoin can be presented more transparently on the company’s balance sheet. He explained that MicroStrategy applies “double leverage to Bitcoin returns” and provides this return to investors through credit inclusion. He also shared that the company achieved a 4.4% return on Bitcoin this quarter and a 25% return since the start of the year.
Thaler noted that this is a transformation rather than a threat, not a threat, focusing on the rapid rise in the number of companies that incorporate Bitcoin into their balance sheets.
Saylor also said that we are entering an era where billions of people can transfer money in seconds thanks to the bitcoin wallets offered by platforms like Telegram. He said, “The new administration will bring forth hundreds of new innovation-focused ideas, a digital transformation of finance and capital.”
Michael Saylor’s message is clear. Bitcoin is more than just an investment tool. It is a technical and economic revolution. Wall Street is not fully aware of this change yet, but Syrol argues that this change is inevitable. “Today’s electricity is tomorrow.”
*This is not investment advice.