Gate News message, April 22 — Michael Saylor, founder of MicroStrategy, stated that if the company accumulates approximately 7.5% of Bitcoin’s total supply, each BTC could reach a valuation of $10 million. He noted that once this threshold is reached, acquisition activity would significantly slow down, marking the upper limit of the S-curve accumulation strategy.
As of April 19, MicroStrategy held 815,061 BTC with a total acquisition cost of approximately $61.56 billion (average price of $75,527 per BTC), representing about 3.881% of Bitcoin’s circulating supply. This means the company would need to accumulate an additional 3.619% of the supply to reach Saylor’s stated target of 7.5%.
Saylor’s comments underscore MicroStrategy’s long-term Bitcoin accumulation strategy, which he views as approaching a natural saturation point. The company’s holdings have grown significantly since its initial Bitcoin purchases in 2020.
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