What is Michael Saylor planning for BTC?

[Lucius]

As others have already written, no one knows what's going on in his head - but what we do know is that he wants as much BTC under his control as possible, and like any businessman, he wants to profit from it to the maximum. How his actions today will affect BTC in the future is hard to say, but I personally do not think that it is positive for all of us that one company owns so much BTC.

However, in a market that is completely open, anyone with money can buy as much BTC as they want, now it's just a question of how much someone thinks is enough. I can't imagine having that much BTC for the simple reason that even 1% of that amount would be more than enough for me - and on the other hand, BTC should be a currency, not just an investment that you make indefinitely.

[dave_strider]

Saylor doensn't own those Bitcoin.
Microstrategy owns those bitcoins bought with loans and issuing shares.
Saylor doesn't own Microstraegy it has just below 10% of the shares in the company.
Vanguard for example owns just as many as Saylor himself.

I think he is going to continue to stack things up, because it keeps his name flying all around the space, and that's enough to stay relevant everywhere (and for more action if needed )

[TomPluz]

With Bitcoin as a big tool, Michael Saylor and his firm Strategy is actually planning for  WORLD DOMINATION so that someday he can be able to demand the price Bitcoin will be sold to anyone. Of course, we can infer or speculate anything that we want to as to the goal or the intent of Mr. Saylor in his quest to buy more and more Bitcoin into the portfolio of his holding company but I think the main takeaway here is that he is buying so someday he would also be selling. One of the many things we should admire with Saylor and Strategy is its continuing faith on Bitcoin no matter if the market is high or low.

[mu_enrico]

If you study investing and financial stuff, it's pretty clear that he tries to buy low and is most likely to sell high, just like any other "financial institution." What makes it "special" is simply that he did it with Bitcoin instead of in the stock market. It's an interesting mystery whether or not he'll be as successful as Buffett and other financial gurus.

[Lucius]

If you study investing and financial stuff, it's pretty clear that he tries to buy low and is most likely to sell high, just like any other "financial institution." What makes it "special" is simply that he did it with Bitcoin instead of in the stock market. It's an interesting mystery whether or not he'll be as successful as Buffett and other financial gurus.

But he has been buying since 2020, and since then the price of BTC has increased approximately five times, which of course is reflected in the amount of BTC he is buying today. Therefore, a logical question arises with your thesis, which is until when will he consider that he is buying at a low price, or does he think that the price of BTC will rise forever?

I think that Buffett is in a category by himself, he has been doing it all his life with something that is completely different from BTC - Saylor may have started with BTC too late to catch up with him - maybe if he had started in 2013 when he said that BTC would fail like online gambling he would have been on the right track to catch up with Oracle of Omaha.

[yhiaali3]

Frankly, it's difficult to know exactly what's going on in Michael Saylor's mind. He has a unique plan for Bitcoin. He buys during very difficult times, when the price is high and everyone is selling. He continues to buy and accumulate.

Thanks to this strategy, his company has become one of the strongest Bitcoin holdings, with a very large capitalization. I don't expect him to sell at the moment. He continues to accumulate, and I don't expect him to sell anytime soon. However, he will eventually sell. Perhaps he's waiting for Bitcoin to reach $1 million, as he has previously stated.

[bayu7adi]

If you study investing and financial stuff, it's pretty clear that he tries to buy low and is most likely to sell high, just like any other "financial institution." What makes it "special" is simply that he did it with Bitcoin instead of in the stock market. It's an interesting mystery whether or not he'll be as successful as Buffett and other financial gurus.

I used to think that he would just buy and buy, I know my thinking is too naive and stupid... there is no way someone would just buy without taking profit from the risk they take... and this belief seems reasonable, where when the time comes, he will sell his BTC to really take profit...
That's a bit clear, if you compare it to Buffet...

[bitterguy28]

If you study investing and financial stuff, it's pretty clear that he tries to buy low and is most likely to sell high, just like any other "financial institution." What makes it "special" is simply that he did it with Bitcoin instead of in the stock market. It's an interesting mystery whether or not he'll be as successful as Buffett and other financial gurus.

I used to think that he would just buy and buy, I know my thinking is too naive and stupid... there is no way someone would just buy without taking profit from the risk they take... and this belief seems reasonable, where when the time comes, he will sell his BTC to really take profit...

obviously we all are acquiring as much bitcoin as we can because we have a plan to sell it michael saylor is no any different from us

the only difference is that he might already been profiting off of buying bitcoin a lot of rich people might be buying microstrategy's stocks because either they believe it will be really successful in the future because of bitcoin or they just want to get a hold of bitcoin indirectly either way michael saylor is a rich man who continues to be richer day by day

[dave_strider]

obviously we all are acquiring as much bitcoin as we can because we have a plan to sell it michael saylor is no any different from us

the only difference is that he might already been profiting off of buying bitcoin a lot of rich people might be buying microstrategy's stocks because either they believe it will be really successful in the future because of bitcoin or they just want to get a hold of bitcoin indirectly either way michael saylor is a rich man who continues to be richer day by day

Sure he is profiting from it.

After all, all companies go after one target - moneyh.

That's obvious and it will stay that way.

[Lucius]

~snip~
However, he will eventually sell. Perhaps he's waiting for Bitcoin to reach $1 million, as he has previously stated.

I assume he once said that 1 BTC would one day be worth $1 million, but that it wasn't related to him thinking of selling it at that time. I don't know if this is taken out of context, but there have been various stories that he actually never intends to sell, in the sense that he wants to be like Satoshi who retreated into the shadows with his alleged 1 million BTC.

It's not hard for me to imagine that Saylor might just want to secure his place in history as the second person to do something similar.

[Trongduy]

Frankly, it's difficult to know exactly what's going on in Michael Saylor's mind. He has a unique plan for Bitcoin. He buys during very difficult times, when the price is high and everyone is selling. He continues to buy and accumulate.

Thanks to this strategy, his company has become one of the strongest Bitcoin holdings, with a very large capitalization. I don't expect him to sell at the moment. He continues to accumulate, and I don't expect him to sell anytime soon. However, he will eventually sell. Perhaps he's waiting for Bitcoin to reach $1 million, as he has previously stated.

Oh no, Saylor says he's happy to be a perpetual top buyer of BTC, which means BTC will have many new tops in the future. Saylor wants a lot of BTC, not just 500K or 1M BTC, maybe he even wants Strategy to hold a huge amount of BTC, far beyond any major financial corporation in this market.

We can't know if Saylor will sell his and his company's BTC, we only see his optimistic statements and Strategy's BTC buying actions.

[Gurujebs]

I used to think that he would just buy and buy, I know my thinking is too naive and stupid... there is no way someone would just buy without taking profit from the risk they take... and this belief seems reasonable, where when the time comes, he will sell his BTC to really take profit...
That's a bit clear, if you compare it to Buffet...

Nobody comes to this market to entertain everyone with their hard earn money, this is billions of dollars we are taking about. He is buying and holding for the long term but a time is coming when they are going to sell when they have eyes on other investments, you can't buy Bitcoin for all years and not sell some at some points.

I just like him for one thing, he knows how to play his card well, knows how to come close to politicians because those are the people that controls asset. If he doesn't do that, when new administration doesn't like him, they can manipulate his bags and probably get liquidated.

[yhiaali3]

It's not hard for me to imagine that Saylor might just want to secure his place in history as the second person to do something similar.

Yes, I heard something like this about Michael Saylor, who stated that “all of my Bitcoins will be burned after my death.”

Michael Saylor announced that all his $BTC will be burned after his death.
He described this as a contribution to benefit the entire crypto community.🚀🚀🚀

https://www.binance.com/en/square/post/18597208832578

As far as I know, he's unmarried and has no children, so he doesn't want to bequeath his Bitcoin to anyone. Perhaps, as you mentioned, he wants to be second only to Satoshi by burning his Bitcoins.

[tequilla_sunset]

Oh no, Saylor says he's happy to be a perpetual top buyer of BTC, which means BTC will have many new tops in the future. Saylor wants a lot of BTC, not just 500K or 1M BTC, maybe he even wants Strategy to hold a huge amount of BTC, far beyond any major financial corporation in this market.

We can't know if Saylor will sell his and his company's BTC, we only see his optimistic statements and Strategy's BTC buying actions.

As it was said, he may burn 'em all up.

But we never know what will be the end choice of his, he may switch it up a bit once the clock will tick 

[Lucius]

@yhiaali3, technically, Satoshi coins are not lost forever, considering that it might one day be possible to "hack" such old addresses using quantum computers - but Saylor could literally burn his coins if he ever wanted to, as there are very efficient methods for doing so today.

However, the coins we are talking about do not belong exclusively to him, but to his company, as someone already mentioned - so he does not have complete control over them. What we don't know is how much BTC he has in his personal wallet, but it's no secret that he invests in that way.