Michael Saylor Issues Key Bitcoin Strategy Statement as BTC Surpasses $65,000

Michael Saylor, a prominent advocate and co-founder of MicroStrategy, recently shared a tweet illustrating how MicroStrategy has outperformed other major global corporations due to its investment in Bitcoin.

### Saylor’s Effective “Bitcoin Strategy”

In his tweet, Saylor included a diagram showcasing Bitcoin’s superior performance compared to other assets and highlighted how MicroStrategy has outpaced leading tech firms such as Microsoft and Amazon. He emphasized, “The best strategy is a #Bitcoin Strategy.” Since August 10, 2020—the date of MicroStrategy’s first Bitcoin acquisition—Bitcoin has surged by 442%, far surpassing other key market indices. The S&P 500 increased by 64%, while Nasdaq and gold rose by 60% and 19%, respectively, with silver and bonds declining by 1% and 18%.

Regarding stock performance, MicroStrategy’s share price soared by an impressive 1,206%, leaving major tech companies behind—Nvidia achieved a 948% increase, followed by Tesla at 145%, Google at 131%, and Microsoft at 101%. Other companies like Meta, Netflix, and Amazon saw significantly lower gains.

This outstanding performance by MicroStrategy can be attributed to its consistent Bitcoin purchases, which are held on the company’s balance sheet. Over the past couple of years, MicroStrategy has occasionally raised funds from investors by selling convertible senior notes to finance its Bitcoin acquisitions, with two such transactions occurring this year alone.

Additionally, since August 2020, Saylor has been an active promoter of Bitcoin, regularly sharing AI-generated images related to Bitcoin paired with motivational quotes on social media, often posting almost daily.

### Bitcoin Price Fluctuations

In recent developments, Bitcoin briefly reclaimed the $65,000 mark, experiencing over a 4% increase in the last 24 hours. However, this rally was followed by a nearly 2% pullback, bringing Bitcoin’s value closer to $64,000. At the time of writing, Bitcoin was trading at approximately $64,280.

This rise and subsequent decline coincided with the Federal Reserve’s recent decision to maintain steady interest rates. Earlier this year, Fed Chairman Jerome Powell had indicated the possibility of rate cuts in the future.