MicroStrategy invests another 4.6 billion RMB to buy Bitcoin: Holding surpasses 330,000 units, calling on Buffett and Microsoft to join in

MicroStrategy recently made a move once again, spending $4.6 billion in just one week to buy over 50,000 bitcoins, pushing its total holdings to over 331,200 bitcoins, accounting for 1.5% of the global bitcoin supply. Founder Michael Saylor not only emphasizes that bitcoin is the future of global assets but also suggests that cash-rich companies like Warren Buffett's Berkshire Hathaway and Microsoft should enter the market to purchase bitcoin to hedge against inflation, serve as a reserve asset, and generate higher returns.

MicroStrategy Buys 50,000 Bitcoins in a Week at an Average Price of Around $88,000 Each

According to reports, MicroStrategy purchased 51,780 bitcoins between 11/11 and 11/17 at an average price of approximately $88,000 per bitcoin, totaling a whopping $4.6 billion. Currently, MicroStrategy holds a total of 331,200 bitcoins with an accumulated purchase cost of around $16.5 billion, averaging about $49,874 per bitcoin. MicroStrategy has become one of the publicly traded companies with the largest holdings of bitcoins, accounting for about 1.5% of the total global bitcoin supply.

Continuous Common Stock Offerings Reach a Total Issuance of $21 Billion

MicroStrategy continues to raise funds through issuing common stock to support its bitcoin purchases. It has raised $4.6 billion so far, with nearly $15.3 billion in remaining issuance capacity mainly to provide flexibility for future purchase strategies.

Bitcoin Acquisition Strategy Yields Impressive Returns, with a 41.8% Profit Indicator

MicroStrategy's disclosed Bitcoin Yield KPI shows a whopping 41.8% return on bitcoin investments from 1/1 to 11/17 this year. This indicates that MicroStrategy's strategy of purchasing bitcoins through stock financing not only brings impressive returns but also delivers long-term value to shareholders.

Michael Saylor Calls Out Buffett and Microsoft, Saying Holding Cash is Less Valuable Than Buying Bitcoin

In a recent interview, Michael Saylor specifically mentioned Berkshire Hathaway, owned by Warren Buffett. He pointed out to Berkshire that their $325 billion cash on hand is "becoming less valuable the longer it sits," shrinking at a rate of 12% annually, equivalent to nearly $40 billion in losses each year.

Saylor further stated that if Berkshire were to invest this money in bitcoin, they could earn at least a 21% return annually, making over $60 billion in additional profit each year. He emphasized that as global capital gradually shifts towards bitcoin, companies entering the market now will be the biggest winners in the future.

Not only addressing Berkshire, Saylor even called out tech giants like Microsoft. He mentioned that if Microsoft were to convert some of its cash reserves into bitcoin quarterly, it could create trillions of dollars in value for shareholders over the next decade, increasing its market capitalization by hundreds of billions of dollars.

US Urged to Establish "Bitcoin National Reserve" to Maintain Global Economic Leadership

Saylor also urged the US government to establish a "Bitcoin National Reserve" similar to holding gold, and to purchase at least 1 million bitcoins, accounting for 5% of the global supply. Saylor believes that not only would this attract global capital to the US, but it would also ensure America's dominance in the global digital economy era. He further stated, "If the US were to buy 20% of all bitcoins now, the future returns would be equivalent to purchasing Manhattan Island back in the day."

Bitcoin's Evident Scarcity, Institutions Already Positioning Themselves

Currently, the total global supply of bitcoins is only 21 million, with approximately 18% already being secured by institutions like MicroStrategy and BlackRock. Saylor believes that as a majority of bitcoins are held in the long term, their scarcity will drive prices continuously upward, heralding an unprecedented asset revolution.