Michael Saylor: Strategy holds $60 billion in Bitcoin with low leverage.

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Foresight News reported live that Strategy founder Michael Saylor stated at Binance Blockchain Week, "Strategy currently has approximately $60 billion in Bitcoin reserves and about $8 billion in debt. So that's a fairly low leverage ratio. Strategy pays out about $800 million in dividends annually. The purpose of the $1.44 billion reserve fund we established this week is to pay dividends, not to sell equity, Bitcoin derivatives, or Bitcoin."

Michael Saylor also stated, "The US government has embraced Bitcoin. Current US President Donald Trump has called himself the 'Bitcoin President' and appointed several officials who support digital assets, causing a 180-degree policy shift in the United States. The Treasury Department, OCC, FDIC, Federal Reserve and other agencies have issued multiple statements clearly indicating that they can provide custody, lending and banking services for crypto assets, changing the past restrictions on banks' involvement in crypto business."

Michael Saylor added, "Bitcoin is also becoming digital capital, and it needs to be accepted by the global banking industry and institutions. Institutions such as BNY Mellon, PNC Bank, Citigroup, JPMorgan Chase, Wells Fargo, and Vanguard have shifted from hostile, negative, and skeptical attitudes towards Bitcoin to positive ones over the past 12 months. Eight of the top ten U.S. banks are actually involved in cryptocurrency lending. Meanwhile, since its approval in 2024, Bitcoin ETFs have expanded to approximately 85 products globally, with BlackRock's iBIT becoming one of the most successful ETFs in history. The number of publicly traded companies holding Bitcoin has also grown from dozens to over 200 in just one year."

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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