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Michael Saylor: Traditional bonds are 'poison', companies should follow MicroStrategy to buy BTC
MicroStrategy founder Michael Saylor urged companies to include BTC in their investment portfolios and criticized traditional assets such as government bonds as "poison" at the ICR Annual Conference in Orlando, Florida. He emphasized that BTC has outperformed bonds since 2020 and called on business leaders to "embrace the future" and consider BTC as a long-term digital asset. (Previous summary: Michael Saylor announced that all BTCPrivate Keys will be destroyed after his death, bringing contributions to everyone who owns BTC). (Background: "The Strongest Salesman" - MicroStrategy's Michael Saylor suggests that Amazon CEO Bezos purchase $600 million in BTC). Michael Saylor, the founder of MicroStrategy, the US-listed company with the largest BTC holdings, called on companies to include BTC in their investment portfolios at the ICR Annual Conference held in Orlando, Florida, yesterday. He bluntly stated that traditional bonds such as government bonds are "poison" and emphasized that BTC has significantly outperformed bonds since 2020. Saylor revealed that MicroStrategy has been increasing its BTC holdings for ten consecutive weeks, with the latest investment amounting to $243 million. So far, the company holds BTC worth about $41 billion, accounting for more than 2% of the global BTC supply. He believes that BTC is "digital capital" and that companies should reevaluate their investment strategies and reduce reliance on traditional bond assets. A slide in his presentation showed that there are currently 70 companies holding BTC. He said, "What's the harm? Right, you'll become wealthy." Saylor stated that companies have two choices in their investments: "stick to the past" by continuing to buy government bonds, execute stock buybacks, or distribute dividends, or "embrace the future" and use BTC as corporate capital. He emphasized that since MicroStrategy adopted the BTC investment strategy, BTC's performance has consistently outperformed bonds. Criticizing tech giants, advocating "taking action to get rich" Saylor also indirectly criticized tech giants such as Microsoft and Nvidia in his speech, pointing out that these companies still manage capital in an outdated way compared to MicroStrategy's BTC strategy. He said, "We are people who build with steel, while they are people who build with wood." He encourages business leaders to think from a future perspective and create higher value for shareholders, employees, and society. "Do the right thing for your family, your country, your investors, and use BTC," Saylor concluded at the end of his speech. Despite BTC's 1.8% decline this year, MicroStrategy's stock price has risen by 9.71%, demonstrating market confidence in its BTC investment strategy. As one of the companies with the most BTC holdings globally, it is worth following whether MicroStrategy can lead more companies to join the BTC investment ranks. Related reports: Michael Saylor: I am willing to serve as a cryptocurrency advisor to the Trump administration if needed. Michael Saylor announced that all BTCPrivate Keys will be destroyed after his death, bringing contributions to everyone who owns BTC. Michael Saylor meets with Trump's second son! 77% of investors express online support: increasing the positionBTC by 2025 (Michael Saylor: Traditional bonds are "poison," companies should follow MicroStrategy and buy BTC). This article was first published on BlockTempo, the most influential blockchain news media on DynamicZone.