Strategy Considers Increasing Bitcoin Holdings to Potentially 7% of Total Supply, Says Michael Saylor

Key Points

1. Strategy currently holds 628,791 BTC, worth $72 billion, representing over 3% of the circulating supply.

2. Michael Saylor advocates for shared Bitcoin ownership, targeting a balanced 3% to 7% of the total supply to avoid market dominance.

3. Strategy's stock (MSTR) has surged over 2,488% since 2020, reflecting strong market confidence in its Bitcoin strategy.

4. Analysts, such as Mark Palmer, are optimistic about Strategy's Bitcoin treasury plan, raising its price target to $705.

5. Strategy employs a buy-and-hold approach, avoiding Bitcoin sales even during significant price downturns to manage volatility risks.