As Bitcoin (BTC) maintains a peak above $100,000, Michael Saylor once again sent waves through the market with a powerful message. Towards those skeptical of Bitcoin investment, he issued a provocative warning: "Own Bitcoin, or become a serf to the Silicon lords".
Saylor emphasized Bitcoin as a tool to protect individual economic freedom and sovereignty. According to him, choosing decentralized assets like Bitcoin is essential to break free from centralized digital systems. He defined Bitcoin beyond a mere asset as '*money of freedom*', viewing it as a weapon to resist digital domination.
This stance stems from his strategy over the years. The business intelligence software company 'Strategy' led by Saylor began a full-scale Bitcoin accumulation strategy from mid-2020, transforming itself into the 'largest Bitcoin holding company'. Strategy recently added 4,980 BTC, increasing its total holdings to 597,325 BTC. This amounts to approximately $42.4 billion (about 58.936 trillion won), with an average purchase price of around $70,982 (about 109.63 million won).
In the second quarter, Strategy recorded approximately $14 billion in valuation gains (about 19.46 trillion won) due to this position, with Bloomberg evaluating this as comparable to earnings of Wall Street large-cap stocks like Amazon ($AMZN) or JP Morgan Chase ($JPM).
These returns were also reflected in the stock price. Strategy's stock price surged over 3,300% after Bitcoin purchases, significantly outperforming Bitcoin's rise (about 1,000%) and the S&P 500 index rise (about 115%) during the same period.
Bitcoin is currently trading around $108,000 (about 150.12 million won), having recorded a recent high of $110,590 (about 156.93 million won) as of early July. Meanwhile, the last announcement date for the US government's cryptocurrency executive order is scheduled for the end of this month, potentially marking another turning point in price movement.
Michael Saylor's message reads as a warning of an era of transformation beyond a mere investment recommendation. Will one choose Bitcoin, or be placed under technological domination? The industry continues to focus on Saylor's choice.
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