Why Michael Saylor Still Says Buy Bitcoin and Hold?

Core Viewpoint - The company maintains a strong commitment to accumulating Bitcoin despite recent price declines, emphasizing a long-term investment strategy rather than short-term market fluctuations [1][2][7]. Bitcoin Accumulation Strategy - The company has continued its Bitcoin purchases for six consecutive weeks, even during market selloffs, demonstrating a disciplined approach to accumulation [5]. - Recent purchases included 855 BTC for $75.3 million, with an average price of $87,974 per Bitcoin, bringing the total Bitcoin holdings to 713,502 BTC at a total acquisition cost of $54.26 billion, averaging $76,052 per Bitcoin [6]. Long-term Outlook - The company’s co-founder, Michael Saylor, believes Bitcoin will surpass gold as a larger asset class by 2035, driven by factors such as scarcity, adoption, and long-term demand [3]. - Saylor's strategy emphasizes the importance of holding Bitcoin through full market cycles, encapsulated in the mantra "Buy Bitcoin, and Don't Sell the Bitcoin" [2]. Execution and Risk Management - The company can invest approximately $100 million in Bitcoin within an hour after raising capital, allowing for rapid execution of investment strategies [4]. - Saylor has stated that even in the event of a significant Bitcoin crash, the company would not face liquidation risks, viewing price drops as buying opportunities [4].