Michael Saylor, chairman of the software giant MicroStrategy, recently stirred the cryptocurrency landscape with ambitious proclamations about Bitcoin. Known for its remarkable Bitcoin investments, MicroStrategy, founded in Virginia in 1989, has experienced both acclamation and criticism driven by Saylor’s outspoken perspectives.
Saylor’s 10 Million Dollar Assertion Raises Eyebrows
Saylor’s latest declarations, suggesting Bitcoin’s potential to hit 10 million dollars overnight, have provoked considerable community chatter. He described Bitcoin’s volatility as beneficial for steadfast investors, remarking that price swings are “a gift to the loyal.”
Saylor portrayed volatility as beneficial, saying, “Significant drops mean only the truly dedicated remain, weeding out casual observers.”
His remarks included, “If the world’s knowledge aligned with mine, Bitcoin would escalate to 10 million by tomorrow.” However, he also warned that a rapid price jump could remove buying opportunities under a million dollars, which have been available for decades.
He added, “An abrupt increase could deprive long-term investors of the chance to purchase below a million over 20 years.”
Critics flocked to social media questioning the feasibility of Saylor’s predictions, with some nonchalantly stating, “If everyone recognized the worth of what I own, I’d be a billionaire.” Others compared Saylor’s outlook to historic financial bubbles.
Continued Bitcoin Accumulation Despite Financial Setbacks?
Despite recording notable financial losses, MicroStrategy presses on with its Bitcoin acquisitions. Recently, the company acquired 855 Bitcoins for an estimated 75 million dollars. Currently, its portfolio is valued at approximately 50.5 billion dollars, suffering a loss of over 3.7 billion dollars against average purchase costs.
October stats revealed Bitcoin-related paper gains nearing 33 billion dollars. However, the decline in both the portfolio’s worth and MicroStrategy’s stock price is alarming, with shares having dived more than 70% since July 2025.
The management’s stance on potential Bitcoin sales has sparked discourse, as CEO Phong Le noted in November that a sale might be pondered if company shares dip below Bitcoin holdings value.
Saylor indicated Bitcoin sales would only be contemplated if net assets plummeted beneath one, with current net asset value at 1.14 and no sales are currently planned.
