比特币投资 - 528BTC

Expand Saylor calls #Bitcoin "digital capital" and states that MicroStrategy is not seeking to own the entire $BTC supply. Michael Saylor, Executive Chairman of Strategy, views Bitcoin as digital capital and leverages it to build a business model. The Bitcoin maximalist appeared on CNBC's "Squawk Box" today, providing insight into how the company is building a corporate financing framework around this important asset. He explained that Strategy's business model revolves around issuing digital credits such as preferred stock, while using the proceeds to accumulate Bitcoin, which he calls "digital capital." In line with this vision, the company has been using proceeds from fundraising to fund its Bitcoin purchases. Saylor revealed that the company has completed four funding rounds this year alone, including two for $500 million and another for $1 billion. MicroStrategy raised $2.5 billion in its fourth preferred stock offering. The IPO is being hailed as the largest US IPO by total funds raised in 2025. MicroStrategy issued 28 million shares of Series A Perpetual Preferred Stock (STRC) at $90 per share. Shortly after the issuance, Strategy announced on July 29th that it had purchased 21,021 bitcoins for $2.46 billion. This purchase increased the company's bitcoin holdings to 628,791 bitcoins, currently valued at $71.91 billion. Strategy's holdings of 628,791 bitcoins represent approximately 3% of the total bitcoin supply (21 million). Given the significant gains achieved by Strategy's bitcoin holdings, Saylor emphasized that bitcoin is a 50-year asset. In his view, bitcoin investors are well-positioned for potential upside over the next several decades, potentially exceeding 50 years. When asked whether MicroStrategy would have enough bitcoin, Saylor stated that he did not believe holding up to 7% of the bitcoin supply was out of the question. He noted that BlackRock currently holds even more Bitcoin, totaling 740,896, through its iShares Bitcoin Trust (IBIT) ETF. However, he emphasized that MicroStrategy does not intend to own all the Bitcoin in the market. He stated that the company hopes other entities will also get a piece of the action. He also highlighted the growing interest in Bitcoin fund management activities among publicly traded companies. According to Saylor, the number of publicly traded companies holding Bitcoin has surged from 60 last year to over 160. Notably, he still believes that this top asset class can achieve an average annual return (ARR) of 30% over the next 20 years.