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MicroStrategy’s Michael Saylor dismisses concerns over the firm’s large Bitcoin holdings, arguing that 3% of the total supply is a balanced position. He highlights growing corporate adoption, with over 160 firms now holding Bitcoin globally. Saylor also discusses MicroStrategy’s financial products backed by Bitcoin.
- MicroStrategy holds 628,000 BTC, valued at $72 billion, representing 3% of Bitcoin's total supply.
- Over 160 public companies now hold Bitcoin, up from 60 last year, with global participation from firms in Europe and Asia.
- MicroStrategy offers Bitcoin-backed financial products, including a preferred equity product yielding 9% annually and structured products for risk-managed returns.
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