Global companies are going crazy buying 700,000 Bitcoins! MicroStrategy's Saylor: Don't stake, directly securitize BTC.

MicroStrategy ( Strategy ) founder Michael Saylor reaffirmed the importance of Bitcoin in a recent interview, analyzing the factors for using Bitcoin in terms of corporate structure and CEO personality traits. He also opposed staking Bitcoin, further stating that what companies can do now is to "tokenize Bitcoin."

Why Bitcoin is a "lifesaver" for businesses

Saylor describes the current financial state of enterprises as "Type 1 diabetes patients," and Bitcoin is the "insulin that saves the patients." He pointed out:

Using short-term U.S. Treasury bonds as corporate assets can only provide an annualized return of 2-3%.

But the actual cost is as high as 10-15%.

equates to an annual loss of 10%

In contrast, the long-term average return rate of Bitcoin far exceeds the "cost of capital" in business operations, marking the first time in a century that companies have a type of asset option that can truly preserve and increase value.

What qualities does a CEO who adopts the Bitcoin standard have?

Saylor stated, "The CEO who will consider implementing the Bitcoin standard is not doing so out of a desire for innovation, but because there is no choice." He cited examples of yoga practitioners forced to close during the pandemic and medium-sized enterprises crushed by tech giants; they are typical cases of "having no way out, only able to take a gamble."

"Bitcoin gives these operators with no way out the courage to gamble on their lives and careers," Saylor emphasized.

The board of directors is often a resistance, but if the CEO has determination, it can be turned around.

Saylor shared that the key three individuals for companies to implement the Bitcoin standard are

Chief Executive Officer

Chief Financial Officer

General Counsel

"Sometimes, if just one director opposes, everything comes to a halt." He suggested that if the board members cannot understand, they should be replaced.

Not only the United States, but global companies are also entering the market in large numbers.

According to Bitwise data, approximately 80 publicly traded companies currently hold Bitcoin, totaling nearly 700,000 coins, with a market value of about 57 billion dollars.

Both Japan's MetaPlanet and Hong Kong's Mingzhi Technology are actively joining the ranks of companies holding coins, reflecting that this trend is crossing cultural and geographical boundaries.

The securitization of Bitcoin is key, without the need to participate in the staking mechanism.

Saylor stated that his company's positioning is as a "Bitcoin financial company," through the issuance of various:

securities

convertible bonds

preferred stock

warrant

to attract investors with different risk tolerances. He emphasized:

"Bitcoin itself is a high-value collateral that can generate returns without the need for complex DeFi or staking mechanisms."

In response to the statement "Bitcoin as a medium of exchange," Saylor said that preserving capital is sufficient.

Regarding Jack Dorsey's assertion that Bitcoin must become a medium of exchange to become mainstream, Saylor believes that:

"Gold, real estate, and art are not trading mediums, yet they can generate trillions of dollars in value. Bitcoin is sufficient as a capital store of value."

Whether it is a country, a company, or an individual, they will only adopt Bitcoin when there is no way out.

Although institutions like the Czech central bank have publicly expressed their intention to hold coins, Saylor emphasized that whether it is a country, a corporation, or an individual, "only the most desperate and without alternatives will adopt the new standard."

He pointed out that the entry speed of national units will be much slower than that of enterprises, but this battle for capital preservation has already begun.

Bitcoin is not just a financial report option, but the helmsman of the capital era.

Finally, he stated that for enterprises, holding Bitcoin is not for "speculative wealth", but to avoid being consumed by inflation and capital erosion. The Bitcoin standard is a new contract regarding sovereignty, stability, and freedom, and this contract will be signed first by the most courageous entrepreneurs.

This article Global companies are crazy buying 700,000 Bitcoins! MicroStrategy's Saylor: Don't stake, directly tokenize BTC. First appeared in Chain News ABMedia.