MicroStrategy invests another 460 million euros to buy BTC: holding exceeds 330,000, calling on Buffett and Microsoft to join in

MicroStrategy recently made another move, spending $460 million to buy more than 50,000 BTC in just one week, with a total holding of over 330,000, accounting for 1.5% of the global BTC supply. Founder Michael Saylor not only emphasizes that BTC is the future of global assets, but also suggests that cash-rich enterprises like Berkshire Hathaway and Microsoft should buy BTC to preserve capital, serve as a reserve asset, and generate higher returns.

Buy 50,000 BTC a week with an average price of about $88,000

According to documents, MicroStrategy bought 51,780 BTC at an average price of about $88,000 per BTC between 11/11 and 11/17, spending as much as $460 million. Currently, MicroStrategy holds a total of 331,200 BTC, with a cumulative purchase cost of about $16.5 billion and an average cost per BTC of about $49,874. MicroStrategy has become one of the publicly traded companies with the largest amount of BTC holdings in the world, accounting for about 1.5% of the total global BTC supply.

MicroStrategy announced on its own Twitter account the weekly purchase plan, and the common stock fundraising continues, with a total issuance amount of up to 21 billion USD

MicroStrategy continues to raise funds through the issuance of common stock to support the purchase of BTC. Currently, $4.6 billion has been raised, and there is an unused issuance capacity of nearly $15.3 billion, mainly to provide flexibility for future purchasing strategies.

BTC acquisition strategy brings impressive returns, with a profit indicator of 41.8%

According to the BTC Yield KPI published by MicroStrategy, the BTC investment yield from 1/1 to 11/17 this year reached 41.8%. This indicates that MicroStrategy's strategy of purchasing BTC through stock financing not only brings impressive returns, but also long-term value for shareholders.

Buffett and Microsoft call for holding cash instead of buying BTC

Michael Saylor specifically mentioned Buffett's Berkshire Hathaway in a recent interview, and bluntly told Berkshire that the $325 billion in cash they have is "becoming less and less valuable" and is shrinking by 12% per year, equivalent to a loss of nearly $40 billion per year.

Saylor further said that if Berkshire Hathaway invests this money in Bitcoin, it can earn a minimum return of 21% per year, easily making over 60 billion US dollars in a year. It also emphasizes that companies entering the market now will be the biggest winners in the future as global capital gradually shifts towards Bitcoin.

Not only mentioning Berkshire Hathaway, Saylor even called out tech giants like Microsoft. He stated that if Microsoft converts a portion of its cash into BTC every quarter, it could create trillions of dollars in value for shareholders over the next 10 years, increasing the market capitalization by hundreds of billions of dollars.

The United States needs to establish a 'BTC National Reserve' to stabilize its position as a global economic leader

Saylor went further to call on the US government, suggesting that the US should establish a 'BTC National Reserve' like the gold reserves, and purchase at least 1 million BTC, accounting for 5% of the global supply. Saylor believes that this move would not only attract global capital to the US but also ensure its dominance in the global digital economy era. He also stated, 'If the US buys 20% of BTC now, the future returns will be equivalent to buying Manhattan Island at that time.'

BTC scarcity is obvious, institutions have begun to position themselves

The current global total supply of Bitcoin is only 21 million, of which approximately 18% has been locked up by institutions such as MicroStrategy and BlackRock. Saylor believes that as the majority of BTC is held for the long term, its scarcity will continuously drive the price rise, leading to an unprecedented asset revolution.

The article, "MicroStrategy spends £460 million to buy BTC: holdings exceed 330,000 pieces, calling out to Buffett and Microsoft to join," first appeared on ChainNews ABMedia.