Michael Saylor Drops Bombshell: MicroStrategy’s 628K BTC (7% of Supply) Now Outpaces 160 Corporate HODLers
Bitcoin’s corporate arms race just got hotter—and MicroStrategy’s sitting on the throne. With 628,000 BTC in its war chest (a staggering 7% of the total supply), Michael Saylor’s empire now dwarfs holdings from 160 competing firms combined. Who said diamonds were a hedge?
The big players are stacking sats like it’s 2021, but Saylor’s playing 4D chess. While Wall Street debates ETFs, MicroStrategy’s cold storage vaults are swallowing 1 of every 14 bitcoins in existence. Not bad for a company that used to sell business analytics software.
Here’s the kicker: 160 corporations now hold BTC on their balance sheets—up from zero when Saylor first went all-in. Yet somehow, gold bugs still think hyperinflation hedges need to be heavy and shiny. The future’s digital, folks. And it’s got a laser-eyed CEO holding the keys.
Digital credit backed by Bitcoin
Beyond buying Bitcoin, Saylor pointed out that Strategy also creates financial products around the flagship digital asset.
According to him, the company is building a financial ecosystem around the asset by issuing credit instruments backed by its Bitcoin treasury. Depending on their risk appetite, these products offer different ways for investors to gain exposure.
For context, the firm’s latest offering, a preferred equity called Stretch, is a way to issue digital credit backed by digital capital. The product targets investors seeking monthly income, capital protection, and less exposure to market swings.
According to Saylor, the offering delivers a 9% annual dividend, a figure he contrasts with the average 4% yield in money markets. He claimed that such yields are made possible by Bitcoin’s long-term appreciation potential, which he estimates at 30% annually over the next two decades.
Saylor also highlighted Strike as another offering designed to attract investors to the sector.
He pointed out that the company offers products like Strike for more risk-managed returns, while adding that:
“Strike gives you 80% of the upside, 20% in a structured dividend, and principal protection. It’s for investors used to hedge funds or the S&P.”
Moreover, Saylor described Bitcoin as “a digital commodity with 50% volatility and a 50-year duration.” For investors seeking amplified exposure, Strategy’s equity offers “2x Bitcoin,” a structure attractive to derivatives traders.