When I gave this speech in October 2022, Bitcoin traded near $20,000, Strategy held 130,000 BTC worth about $2.6 billion, and $MSTR was ~$24 split-adjusted. Weeks later, after Bitcoin fell below $16,000, our debt exceeded the combined value of our BTC and cash reserves by ~$300 million, and $MSTR fell into the $13 range by year-end.
We stayed focused, strengthened the company, and executed our strategy. Since then, Strategy has raised over $60 billion of additional capital and invested it in Bitcoin, adding more than 716,000 BTC. Today, our BTC and USD reserves exceed debt by ~$48 billion. Thank you to everyone who believed, endured, and took the long view.
Strategy owns 815,061 Bitcoin.
Without adding a single Bitcoin, Strategy needs a $224,000 Bitcoin price to become a top 100 company in the world by market cap.
If Strategy gets to 1.2 million Bitcoin by the end of the year, and are at a 1.5x mNAV...
....they only need a Bitcoin price of $101,000 to be in the world's top 100 companies.
They already bought ~53,000 Bitcoin this month... not even including this week's buys yet.
If they get to 1.5 million Bitcoin by EOY 2027...
...they only need $183,000 Bitcoin to be bigger than both GOLDMAN SACHS and the BANK OF CHINA.
Yeah.
Things are about to get REAL.
BUCKLE UP, KIDS.
$MSTR
Launching $NAKA Pulse!
Built to deliver a deeper, smarter gamer and user experience at the very heart of the $NAKA platform! 🎮⚡️
This is all about what’s next.
More insight.
More connection.
More power for players.
We’re building 24/7 to bring you the best of Web3 gaming.
Stay tuned, the pulse is just getting stronger 👀🚀
NAKA Boom is going full throttle on mobile. 💣📲
The iOS version is in progress, final adjustments are underway, and the mobile experience is coming together fast.
Explosive action.
Fast rounds.
Pure chaos.
👉 All on the GO!
NAKA Boom on mobile is coming very soon 👀🔥
Congrats To The ASTER Team
@Aster_DEX Has Now Done Over $1 Trillion In Total Trading Volume. ASTER Launched Two Weeks Ago.
Do You Understand How Big $ASTER Is Going To Be?!
Total Take Over Happening Right In Front Of Our Eyes
There Has NEVER Been A Worse Time To Be Sidelined
ASTER MODE
Reporter: "At any point would you sell [Bitcoin]? When would it make sense to take profits?"
Michael Saylor: "I'll be buying the top forever. Bitcoin is the exit strategy."