MicroStrategy (Strategy) founder Michael Saylor argued on a television program that Bitcoin is still not fully understood by Wall Street and drew attention with a striking analogy: “Bitcoin is fed by the fire of truth, becoming smarter, faster and stronger every day.”
Appearing on Fox Business’s “Making Money,” Saylor elaborated on his views on the nature of Bitcoin. “Bitcoin is a virus, a virus of freedom,” he said. “It’s a monetary structure based on truth,” he said. “The Bitcoin network is supported by individuals worldwide, and this collective structure acts like an unstoppable swarm of hornets.”
Wall Street has been slow to grasp MicroStrategy’s strategy and Bitcoin’s value, according to Saylor. “We’re the ninth most profitable company in the S&P by operating income, but we’re 96th by market cap. This contradiction shows that Bitcoin hasn’t been fully resolved,” he said.
Saylor noted that with the implementation of new accounting standards, Bitcoin can be presented more transparently on company balance sheets. He explained that MicroStrategy applies “double leverage to Bitcoin returns” and offers this return to investors through credit instruments. He also shared that the company has achieved a 4.4% return on Bitcoin this quarter and a 25% return since the beginning of the year.
Saylor, noting the rapid increase in the number of companies incorporating Bitcoin into their balance sheets, said this is not a threat but a transformation: “100 years ago, using electricity or gasoline was also looked down upon because it was fashionable. Today, we are experiencing a digital capital revolution. BTC is a tool that can double companies’ capital every year.”
Saylor also stated that we are entering an era where billions of people can transfer money in seconds thanks to Bitcoin wallets offered by platforms like Telegram. He said, “With the new administration, hundreds of new innovation-focused ideas will emerge. This is the digital transformation of finance and capital.”
Michael Saylor’s message is clear: Bitcoin isn’t just an investment vehicle; it’s a technological and economic revolution. While Wall Street hasn’t fully grasped this shift yet, Saylor argues that this transformation is inevitable: “What electricity is today, Bitcoin will be tomorrow.”
*This is not investment advice.