In a significant update from COINOTAG, on November 2, Michael Saylor, founder of MicroStrategy, affirmed the strategic partnership between MSTR and BTC. Highlighting this collaboration, Saylor unveiled MicroStrategy’s nine foundational principles for Bitcoin engagement. These principles include commitments such as the acquisition and indefinite holding of Bitcoin, emphasizing long-term growth for MSTR’s common stock, and upholding a transparent relationship with investors. Furthermore, Saylor stressed the importance of leveraging market conditions smartly to enhance MSTR’s performance in comparison to Bitcoin.
MicroStrategy plans to maintain consistent Bitcoin purchases while ensuring positive returns, reflecting a balanced approach to financial growth. The principles also outline a vision for issuing innovative fixed-income securities backed by BTC, which could bolster investor confidence. Additionally, Saylor emphasized the necessity of a strong and pure balance sheet, underlining a commitment to prudent financial management. Finally, the promotion of Bitcoin as a global reserve fiscal asset remains at the forefront of MicroStrategy’s mission, indicating a robust endorsement of cryptocurrency’s potential in the financial ecosystem.