Strategy has announced plans to continue its aggressive Bitcoin acquisition strategy until the last Bitcoin is mined around 2140. Chairman Michael Saylor revealed that the company will maintain its approach of purchasing Bitcoin using funds raised through preferred share issuance, a method dubbed "Digital Credit." This strategy underscores the company's commitment to long-term Bitcoin accumulation.
Currently, Strategy holds over 843,000 BTC, making it the largest corporate holder of Bitcoin globally. The company's ongoing purchases are funded by issuing preferred shares, reflecting a bullish outlook on Bitcoin's future scarcity. While supporters see this as a strategic bet on Bitcoin's long-term value, critics warn of the risks associated with a highly leveraged buying strategy, particularly in the face of potential market volatility.
Strategy to Continue Bitcoin Purchases Until 2140, Says Michael Saylor
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