Michael Saylor pioneered the concept of Bitcoin Treasury companies.Few, if any, investors have been more bullish on Bitcoin (BTC 0.79%) than Strategy's Executive Chairman Michael Saylor, who bet big on Bitcoin in 2020 and has been rewarded many times over.Strategy is viewed as the pioneer of the Bitcoin treasury movement, in which companies are able to tap the capital markets to raise funds they can use to buy Bitcoin. Strategy itself now owns 3% of all outstanding Bitcoin. Despite significant sell-offs and ...

Bitcoin Market Analysis - Bitcoin is projected to potentially achieve a 10x increase in value within the next 5 years [1][36] - Bitcoin's sensitivity to global liquidity is approximately 89%, indicating a high responsiveness to changes in the money supply [42] - By 2030, Bitcoin could capture approximately 125% of the global store value basket, potentially reaching a value of $1 million per Bitcoin [3][49] - The end of the current market cycle is anticipated around Q4 of this year to Q1 of next year [4][108][109] Bitcoin Treasury Companies - Bitcoin treasury companies may be some of the safest plays for traditional investors due to their Bitcoin holdings [79][82] - MicroStrategy is identified as a leading Bitcoin treasury company, employing a durable business model by leveraging Bitcoin to create credit and equity instruments [55][59][64] - There are three types of Bitcoin treasury companies: Bitcoin allocation, hybrid, and pure play [61][62][63][64] - Metaplanet is recognized as the second-leading Bitcoin treasury company, being the first to duplicate MicroStrategy's strategy and launch preferred instruments [64][65] Macroeconomic Factors - The US government's Congressional Budget Office (CBO) projects the rate of debasement for the next 30 years, influencing the future value of store of value assets [2][45][46] - The global store value asset basket is currently worth approximately $1 quadrillion and is projected to reach $16 quadrillion by 2030 [43][44] - Global liquidity is a key driver for asset prices, with Bitcoin being particularly sensitive to changes in global liquidity [41][114]