Strategy (formerly MicroStrategy) entered the Bitcoin market in 2020 and has since become the global listed company with the largest Bitcoin holdings. According to the latest data from Bitcointreasuries, MicroStrategy's Bitcoin holdings have reached 478,740 BTC, with a total value of $46 billion and a total purchase cost of approximately $31 billion, resulting in an unrealized gain of $14.9 billion.
Michael Saylor Shares 21 Bitcoin Commandments
Against the backdrop of continuous Bitcoin accumulation, Strategy founder and executive chairman Michael Saylor tweeted on the 17th to share the "21 Bitcoin Commandments", summarizing the essence of Bitcoin and its impact, including:
- Those who understand will buy Bitcoin
- Those who don't understand will criticize Bitcoin
- Everyone will oppose Bitcoin before accepting it
- Learning about Bitcoin is an endless journey
- Bitcoin is driven by chaos
- Bitcoin is the only game in the casino where we can all win
- Bitcoin is the only thing you can truly own in the universe
- Everyone will get Bitcoin at the price they deserve
- Buy Bitcoin with money you can't afford to lose
- The ticket to escape the Matrix (traditional financial system) is priced in Bitcoin
- Bitcoin insights are limited to those who need to understand
- All your models will be destroyed
- The cure for economic disease is the orange pill
- Support Bitcoin, don't oppose fiat
- Bitcoin is for everyone
- Learn to think in Bitcoin
- You can't change Bitcoin, it will change you
- Laser eyes can protect you from endless lies
- Respect Bitcoin or it will make you a clown
- Don't sell your Bitcoin
- Spread Bitcoin with love
In fact, Michael Saylor had previously shared these 21 Bitcoin Commandments at the BTC Prague conference in the Czech Republic in June last year, where he elaborated on the three core ideas behind the 21 Commandments: "Bitcoin is the singularity where science and economics collide", "Bitcoin is the first perfect money", and "Bitcoin is a paradigm shift".
In Michael Saylor's view, those who understand Bitcoin will buy it, and those who don't will criticize it. If you truly understand Bitcoin, the paradigm shift, you will inevitably buy Bitcoin, while critics often lack an understanding of Bitcoin's transformative potential and remain skeptical about it.
Michael Saylor describes the traditional financial system as a fragile "Matrix" composed of synthetic and false indicators, and Bitcoin provides a ticket to escape this traditional financial system, offering control over freedom and wealth outside the traditional, flawed economic models.
While most people would advise "investing in Bitcoin with money you can afford to lose", Michael Saylor's view is completely different - he advocates "buying Bitcoin with money you can't afford to lose", as purchasing Bitcoin should be a primary investment, not a speculative/defensive one.
However, despite Bitcoin's merits, Michael Saylor emphasizes that there is no need to oppose the current fiat currency system. He does not oppose fiat currency, but rather advocates for the promotion of Bitcoin, supporting Bitcoin and recognizing its superiority, which is more effective than merely criticizing the fiat currency system.
Michael Saylor believes that Bitcoin is a powerful, decentralized force that will change people's perspectives, thinking, and way of life. People should adapt to Bitcoin, as they will not change Bitcoin, but rather be changed by it. If you do not respect Bitcoin, you are a clown, and those who underestimate the power and potential of Bitcoin will often be humbled by its success and resilience.
Strategy Continues to Increase Bitcoin Holdings
Michael Saylor has been putting his 21 Bitcoin Commandments into practice. MicroStrategy recently announced a name change to Strategy and released its Q4 2024 financial report. Despite a net loss of $670 million in the quarter, the company significantly increased its Bitcoin holdings by 218,887 BTC, setting a new record.
In late October last year, Strategy announced the 21/21 plan, aiming to invest $42 billion in capital ($ 21 billion in equity and $21 billion in fixed-income securities) within three years to further expand its Bitcoin holdings. To date, Strategy has completed $20 billion in capital allocation, far exceeding the original plan.
Looking ahead to 2025, Strategy has set a "BTC Yield" target of $10 billion and plans to further expand its Bitcoin holdings.
