In a recent statement, Michael Saylor, CEO of Strategy, shared his vision for the company’s ongoing Bitcoin acquisition strategy.
He emphasized that the company intends to keep buying Bitcoin as its price continues to rise. According to Saylor, as Bitcoin’s supply becomes scarcer, the price will increase exponentially.
He explained that if MicroStrategy were to acquire 5% of the total Bitcoin supply, the price per Bitcoin could soar to $1 million.
Should the company reach 7.5% of the supply, Bitcoin could potentially hit $10 million per coin. Saylor expressed an ambitious goal of acquiring 10% of the total supply, predicting that this would drive Bitcoin’s value to a staggering $50 million per coin.
Saylor believes this strategy will ultimately benefit not only his company but the broader financial ecosystem. He described it as a “ratchet” that continuously tightens, creating significant leverage for those involved.
Despite concerns that MicroStrategy’s growing Bitcoin holdings might be viewed negatively by some, Saylor sees a future where global wealth flourishes, and Bitcoin’s value skyrockets as a result.
MICHAEL SAYLOR: “If I’m lucky enough to grind to 10% of the supply, Bitcoin’s gonna be $50 million a coin.”
Can’t stop, won’t stop. 🚀 pic.twitter.com/u9BoYVg7p0
— Swan (@Swan) April 23, 2025
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/heres-how-much-bitcoin-michael-saylor-plans-to-buy/
