TechFlow news — On October 11, according to The Block, Michael Saylor, founder and Executive Chairman of MicroStrategy, recently stated in an interview with Bernstein analysts that the company's ultimate goal is to become the leading bitcoin bank and has the potential to grow into a trillion-dollar enterprise.
Saylor outlined MicroStrategy’s unique business model: unlike traditional banks that lend money, the company plans to borrow funds at low interest rates, offer slightly higher rates to lenders, and invest the capital into bitcoin. "If we ultimately have $200 billion in convertible bonds, $200 billion in preferred stock, $10 billion in debt, and $50 billion in debt instruments and structured products, we would hold $100 to $150 billion worth of bitcoin," Saylor said.
Bernstein analyst Gautam Chhugani noted that MicroStrategy’s strategy is built upon a long-term conviction that bitcoin is the best deflationary currency. Saylor believes the approach is "infinitely scalable," positioning the company to potentially become a trillion-dollar bitcoin financial institution. Currently, MicroStrategy holds 252,220 bitcoins, valued at over $15 billion—approximately 1.2% of bitcoin’s total supply—making it the largest corporate holder of bitcoin globally.
