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Michael Saylor is the only man on Earth who found a legal way to "print" Bitcoin.
How it started:
- be a legacy tech CEO
- August 2020
- adopts the Bitcoin Standard
- buys 21,454 BTC
- world calls him "crazy"
- he calls it "rational"
The Protocol of Infinite Leverage:
- convert debt into digital gold
- issue convertible notes at 0% interest
- use the proceeds to buy more $BTC
- repeat until the supply dries up
- never sell
2020–2023: The conviction phase
- market crashes to $16k
- MSTR goes deep into the red
- critics start screaming "liquidation"
- Saylor buys the dip anyway
2024: The Wall Street pivot
- spot ETFs launch
- institutional floodgates open
- stock starts trading at a premium to NAV
2025: The expansion phase
- raised $42 billion over 3 years
- $STRC integration
- the "Infinite Money Loop" is perfected
January 12, 2026:
- 13,627 BTC acquired
- $1.25 billion spent
- average price: $91,519
- institutional FOMO has now officially started.
The Current Holdings:
- 687,410 $BTC total stash
- $51.80 billion invested
- average cost: $75,353
- $11B+ in unrealized profit
- still buying at $90k+
You aren't bullish enough.