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What’s In Store For MicroStrategy Going Forward? CEO Michael Saylor Reveals


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MicroStrategy topped its bitcoin holdings last year and is now the public company with the largest bitcoin holdings in the world. Currently, the company holds more than 124,000 bitcoins on its balance sheet, worth over $5 billion, and remains in profit despite the recent downward trend. However, with such a large holding, one tends to wonder what the company plans to do with the digital asset in the future.

Unstoppable Bitcoin

Michael Saylor was CEO of MicroStrategy at work CNBC To talk about the future of a company that has made a name for itself due to its various bitcoin purchases. Saylor, a big supporter of digital assets and BTC, spoke about what the company has planned for the future, as well as what it plans to do with its bitcoin holdings in the future.

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The CEO begins by explaining that he remains a staunch supporter of bitcoin, which he refers to as “persuasive and unstoppable.” Saylor has previously highlighted this at various times with his public support of the digital asset. At every possible moment, the CEO said that bitcoin is the answer to big problems like inflation and is the leading digital property.

On the topic of regulation, Saylor made it clear that he believes that regulation will ultimately be beneficial to the digital asset. “Regulatory clarity will accelerate institutional adoption of bitcoin and you will see significant inflows of capital entering the asset class as this continues,” the CEO said.

BTC trending at $43K | Source: BTCUSD on TradingView.com

What MicroStrategy is planned for the future

As for MicroStrategy’s plan for the future, the CEO made it clear that the company will continue to operate as it always has. The company that sells enterprise software has been very profitable thus far. With its bitcoin plan, it saw a slight increase in profitability and its stock quadrupled, according to Saylor.

Related reading | Why Sovereign Countries Might Start Getting Bitcoin in 2022

“Look, our long-term strategy is a bit like Harvard. We run a university but we have an endowment. MicroStrategy sells enterprise programs. We generate $100 million in cash flow annually — in a good year — and we reinvest that money in our endowments. Our endowment is 100 % Bitcoin”.

Saylor adds that MicroStrategy plans to acquire and hold bitcoin as a balance sheet. As for operations, the company will continue to sell its corporate software everywhere in the world.

Featured image from CoinDesk, chart from TradingView.com

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