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Michael Saylor: Bitcoin offers businesses an innovative strategy to preserve capital and create shareholder value

Michael Saylor: Bitcoin offers businesses an innovative strategy to preserve capital and create shareholder value

CointimeCointime2023/11/05 14:36
By:Cointime

MicroStrategy CEO Michael Saylor stated that Bitcoin provides an innovative strategy for enterprises to preserve capital and create shareholder value. He pointed out that companies can use Bitcoin to leverage their balance sheets and break free from the destructive cycle of expensive acquisitions, buybacks, dividends, and debt to achieve this goal. Michael Saylor stated that a major dilemma in today's market is the existence of the "Big Seven." According to him, these seven companies are creating all shareholder returns, while the other seven thousand companies are struggling to create shareholder value. MicroStrategy's secret is that they are leveraging their balance sheet and profit and loss (PnL). He pointed out that his company has over $5 billion in assets on its balance sheet, and Bitcoin is growing at three to four times the cost of capital.

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