MicroStrategy raised 37.5 billion USD with Bitcoin! Michael Saylor: BTC is the strongest asset in the past century, far surpassing gold, stocks and real estate

MicroStrategy (Strategy) founder Michael Saylor delivered a speech at the 2025 Bitcoin Enterprise Application Forum on 5/6, reaffirming that BTC is not just a hedging tool, but a new "digital capital standard". He pointed out that nearly 96% of listed companies perform worse than US government bonds, and if companies want to break through, they must embrace assets like Bitcoin that can withstand the test of time. He further emphasized that BTC outperforms gold, stocks, and real estate, and has the potential to preserve value for over a hundred years, making it suitable as the core of corporate asset allocation. [The rest of the translation follows the same professional and accurate approach, maintaining the original structure and meaning while translating into English.]

MicroStrategy Turns Around by Merging with Bitcoin, Attracting $37.5 Billion in Funds

Saylor stated that before 2020, MicroStrategy still had an annual cash flow of $75 million, but its market value was neglected.

He thought of merging with Bitcoin, so he bought BTC with $250 million, and continuously expanded his position, now attracting nearly $37.5 billion in external funds.

Traditional Capital Markets are a "Closed Aristocratic Game", Bitcoin is the Capital Key to Liberating Enterprises

Saylor pointed out that the U.S. Securities and Exchange Commission (SEC) has been restricting companies from holding other companies' stocks since 1933, blocking the way for enterprises to "capitalize capital".

But Bitcoin is the only capital asset that can be freely owned without review.

Advice for Microsoft, and Advice for Enterprises Worldwide

"Assuming Microsoft converts dividends, treasury stocks, and part of its bonds to BTC, it could create up to $584 more value per share." He used Microsoft as an example for simulation analysis.

However, in the actual vote, 99% of Microsoft shareholders voted against researching Bitcoin financial strategies, simply because "they don't lack money".

Embracing Bitcoin is the Way for Global Enterprises to Save Themselves

Saylor finally threw out a key question to the audience:

"Bitcoin knowledge only belongs to those with urgent needs. Is your enterprise ready to start understanding?"

In summary, Saylor has been calling out to global enterprises, asking them to see clearly that the rules of the capital market are changing dramatically, and that BTC will be the key weapon for enterprise survival and growth.