Michael Saylor Says Whoever Gets The Most Bitcoin Wins

Strategy executive chairman Michael Saylor has suggested that he is not slowing down on stacking Bitcoin, noting that the largest holder wins.

It is a new month, but the same bullish Saylor. The Bitcoin evangelist remains keen on stacking the pioneering cryptocurrency despite recent bearish price action, which has seen it retrace over 10% from its all-time high of $124,457

It further aligns with his sentiment that Bitcoin is the “cyber Manhattan” and would continue to increase infinitely against the dollar. Recall that he had early vowed to buy the Bitcoin top forever, predicting it would reach $21 million per coin in the next 21 years.

Bitcoin Hungry Despite 632,457 BTC Bag

Meanwhile, this bullish comment comes despite Strategy’s large Bitcoin holdings. The business intelligence firm holds 632,456 BTC, worth $69 billion at the time of writing.

Remarkably, this is by far the largest stash of any public firm, as it holds nearly 13 times that of second-place Marathon Digital, which has 50,639 BTC ($5.5 billion).

Strategy had announced a purchase on three consecutive Mondays before today, demonstrating a commitment to buy Bitcoin by any means necessary. While he did not post any purchases on September 1, his clip reassures enthusiasts that Strategy has not backed down on its long-standing quest to buy more Bitcoin.

Interestingly, other treasury firms have taken up the challenge, adopting Strategy’s playbook to buy Bitcoin. For instance, Metaplanet bought 1,009 BTC ($112 million) today, bringing its holdings to 20,000 BTC.

Strategy Not After the Entire Bitcoin Supply Though

Despite Strategy’s commitment to hold more and more Bitcoin, Saylor has clarified that it does not plan to acquire all of its supply. Currently, the company holds 3.1% of BTC’s circulating supply, with Saylor aiming to more than double that figure to 7%.

He claimed that he wants other firms also to have a share of the scarce asset and benefit from the upsides of holding it. This is because he expects Bitcoin to grow by 29% annually over the next 21 years, making it the best-performing asset in existence.