Faith should change! MicroStrategy: US should sell gold and buy BTC, implying more purchases.

MicroStrategy founder Michael Saylor recently proposed a bold strategy to help the United States maintain its economic dominance: a national BTC strategy, i.e. selling America's gold reserves and investing in BTC.

Michael Saylor mentioned in an interview that the US government could potentially control the world's "reserve capital network" by liquidating its gold holdings to acquire about 5 million BTC.

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He believes that this strategic measure will achieve multiple goals at the same time, establish the United States' dominant position in the "World Reserve Capital Network," and may devalue the assets held by geopolitical competitors. He also emphasizes that selling US gold reserves can basically provide funds for this purchase "for free," while strategically impacting countries with large gold reserves.

Saylor's proposal is not just a simple reallocation of assets, this move could potentially push the value of BTC to '100 trillion dollars', and at the same time, allow the United States to control the world's reserve capital network and monetary network.

Does it imply another large-scale purchase of Bitcoin?

In his latest post, Michael Saylor shared information about his BTC price tracker, writing, "There are too many blue dots on the SaylorTracker website," referring to the data visualization tool tracking the price trend of BTC.

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This pattern suggests that the company may increase its BTC holdings after releasing such information, consistent with past trends. MicroStrategy has a history of making large BTC purchases within 24 hours of Saylor's updates. For example, the company announced in November the purchase of about 27,200 BTC, costing approximately $2.03 billion, further solidifying its position as the institution with the most BTC holdings among public companies. However, it should be noted that while this pattern suggests a potential upcoming purchase, it is not a definitive indicator of future actions.

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According to the latest update, MicroStrategy continues its aggressive BTC accumulation strategy. The company invested another $1.5 billion in BTC in the last week of November, bringing its total BTC holdings to 402,100 coins by early December 2024, with a total value of over $23 billion and an average purchase price of approximately $58,402 per BTC.

MicroStrategy continues to treat BTC as a treasury reserve asset, aiming to maximize long-term value for shareholders. This strategy has been emulated by other publicly traded companies, and some analysts believe that it may support BTC prices during market fluctuations.

The company's MSTR stock treasury operations have brought substantial returns to shareholders. According to Saylor, MicroStrategy's treasury operations have brought shareholders a 63.3% BTC-based return, with a net income of approximately 119,800 BTC. This means that the profit for this year is 12.3 billion USD, making MicroStrategy the "most profitable and fastest growing company" under the BTC standard.

The SaylorTracker website digitizes these purchases and tracks the current value of these purchases, providing a detailed overview of MicroStrategy's BTC holdings. The website displays the average USD market price of major BTC exchanges, as well as the number of times MicroStrategy has purchased BTC (shown as green dots). Hovering over these points will display relevant posts and the latest status of that purchase.

Michael Saylor's ongoing updates on the SaylorTracker website indicate that MicroStrategy is ready to continue its aggressive BTC accumulation strategy, possibly making further large purchases in the near future. However, any future actions are still speculative until officially announced by the company.

[Disclaimer] There are risks in the market, and investment needs to be cautious. This article does not constitute investment advice, and users should consider whether any opinions, views, or conclusions in this article are suitable for their specific situation. Investing based on this is at your own risk.

This article is reproduced with permission from: "Blocker"

"Faith should change! Micro-strategy: the United States should sell gold and buy BTC, implying further large-scale purchases" This article was first published in "encryption city"