MicroStrategy's CEO Michael Saylor reiterated the company's commitment to investing in Bitcoin as a key part of capital markets transformation.

Bitcoin as a Long-Term Strategy

MicroStrategy is the largest corporate holder of Bitcoin globally. The company began its Bitcoin investments with an initial purchase of $250 million in August 2020, growing its Bitcoin holdings to over $15 billion. Michael Saylor emphasizes that this approach is a long-term strategy that signifies a shift towards digital assets, rather than a temporary phenomenon.

New Capital Models

MicroStrategy uses its Bitcoin reserves to develop new funding models. Besides its software business, the company runs a Bitcoin securitization business, having raised over $3 billion through convertible bonds and equity offerings.

Impact on Traditional Capital Markets

Michael Saylor believes Bitcoin can reshape traditional capital markets by enhancing capital flow and efficiency through digital assets. He regards Bitcoin-backed securities as offering investors fixed income and downside protection.

MicroStrategy's Bitcoin acquisition strategy is not seen as a short-term endeavor. It is part of a broader transformation in capital markets with significant implications for future financial models.