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Strategy can buy millions of bitcoins instantly: Saylor


Bitcoin Treasury companies like strategy can be fresh capital in bitcoin almost immediately, according to Michael Saylor, because the executive chairman posted a fresh teaser about buying more tokens on Sunday.

The investment cycle is a thousand times faster than technology, real estate, oil and gas and “anything you’ve ever seen before in your life,” Saylor said In an interview with the Market Disrupters podcast released on Saturday.

“Sometimes we literally sell 50 million in an hour or 100 million in an hour and buy $ 100 million of Bitcoin at the same time. Like we can do a billion dollar capital increase in one day and we can have 20 million exposure at 4 pm, and by 5 pm, 6 pm, we are completely done.”

Saylor said on Sunday that His approach to the company may be preparing to buy more bitcoin (BTC), even corporate Bitcoin Treasuries are facing mounting pressure from a sharp drop in net asset values.

Strategy Bitcoin is buying is often seen as bullish for the price of Bitcoin, and Saylor’s comments highlight the speed at which Treasury firms can capitalize on Bitcoin.

Michael Saylor said that his company can buy a vast amount of Bitcoin in a short period of time. Source: YouTube

Real-time development strategy

Strategy is the largest corporate holder of Bitcoin, with 640,250 tokens following its majority Just recently Buy on October 13. Its holdings account for about 2.5% of the total Bitcoin supply.

Saylor said his company can accumulate Bitcoin and provide returns for investors faster than real estate developers for example, which can take years before investors even see a return.