MicroStrategy and Bitcoin volatility: MicroStrategy, the largest Bitcoin-holding company, saw its shares drop 16% after Citron Research announced a short position. Michael Saylor, the company’s chairman, spoke up to defend his business strategy. He emphasized that the company has leveraged Bitcoin volatility to maximize shareholder profit through preferred shares and convertible bonds.
MicroStrategy’s diversified investment strategy: MicroStrategy not only relies on holding Bitcoin but also employs a diversified investment strategy with preferred shares and convertible bonds. This move helped the company raise nearly 3 billion USD in just five days. Saylor predicts an additional over 30 billion USD in shareholder value in the next decade through these strategies.
Michael Saylor’s bold prediction for Bitcoin: Michael Saylor predicts that Bitcoin’s price could reach 13 million USD per coin by 2045. He stressed that not investing in Bitcoin currently might be a mistake missing significant future value opportunities. This prediction is part of MicroStrategy’s strategy to protect and grow.