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This morning, Michael Saylor's company, Strategy (formerly MicroStrategy), surprised Wall Street by surpassing Amazon in stock trading volume. Led by Bitcoin enthusiast Saylor, the firm reached a record-breaking $60 billion holding of 660,624 BTC – the largest institutional Bitcoin holding in history. Speaking at the Bitcoin MENA 2025 summit in Abu Dhabi, Saylor shared the secrets to this success: "Bitcoin is digital gold. It's the perfect hedge against inflation for companies." Explaining that they have been accumulating BTC since 2020 through debt and stock sales, Saylor announced their "21/21 Plan," aiming to raise another $42 billion by 2027. With an average purchase price of $74,696, the portfolio is currently up 23%. Why? According to Saylor, Bitcoin will grow by 30% annually; it's an alternative to the traditional monetary system. "Credit should be Bitcoin-based," he says. A call to other firms: "Follow us, build digital wealth." Discussions with Middle Eastern sovereign wealth funds and banks are opening doors for BTC-backed products. Strategy's move could accelerate institutional adoption. The future is being shaped by Bitcoin.
$BTC #BitcoinPriceWatch