Michael Saylor’s Bitcoin Bet Pays Off With $459M Gain

Michael Saylor has just dropped a bombshell announcement on Twitter that has started buzzing around the crypto world. In fact, his company’s treasury operations in Bitcoin have already racked up an impressive estimated $459 million profit this month for its shareholders. That’s right- nearly half a billion dollars in just a matter of weeks, all from holding BTC.

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The tweet suddenly sparked some pretty freaky reactions all across crypto-twitter. Some hailed Saylor for his steadfast Bitcoin strategy, while others were quickly drawn to question his ethics. One user calling himself BITCOIN MAXI put it the best:”Saylor didn’t buy Bitcoin. He got himself a weapon of mass disruption.” That response is, in fact, a great summary of how btch aggressive Saylor accumulation has changed the treasury strategies of corporates.

Thomas Jourdan jumped beneath the comment and said, “Insane returns. $MSTR just goes to show that shameless pursuit of BTC is more profitable than traditional methods.” Such appears to be the prevailing thought with bitcoin believers who are seeing Saylor’s behavior to be justifying the holding a little longer during the dips. “$459m is outcome not by speculation, but by consistent exposure to the asset you believe in,” Sergei Ermolov added.

Not everyone had a reason to celebrate, however. User M4KS lashed back with some harsh critiques: “BTC is up 4.4%, MSTR up 0.81% because it’s saylor-less-smart-strategy-just-0-head-atm-blindly-buying-most-of-the-time-at-the-top.” Ouch. This kick-started what could very well be called a fever-pitched argument in the replies as to whether Saylor’s dollar-cost averaging is genius or foolhardy.

John Giovanni came to Saylor’s defense: “If he did not ATM over the last 6 months, we would probably be way lower than 300s right now.” And that has been about very strong support in the downs for Saylor’s buying activity. The market timing versus dollar cost averaging debate played out live, while Stock Jare just advised “Dca. Dont try to time the market.”

Replies, of course, would be along those lines about how other cryptos were better, with Judith making a real hush-hush ludicrous analogy; “It will not be bad for investing in BTC, as long as President Trump is in the office.” Meanwhile adelaide attempted pitching strange altcoins with an unreasoned claim they’ll “rise 500X and above”- typical of crypto twitter.

But very likely the most hilarious is Bertius Maximus’s reply: “Gamble well my friends.” Because let’s face it, that’s pretty much all investment/gamble. In the way Saylor has now all but made the entire thing pay off in a huge way.

So far and probably forever, it will be unique since Saylor has made MicroStrategy a pseudo-stock proxy for Bitcoin. Michael Morales writes that “MSTR is turning Bitcoin into one of the most profitable strategies for corporations this year.” Numbers don’t lie: BTC goes up or down; shareholders in MSTR either win big or lose big.

Of course, there are still sceptics. TerryLeeSTL demanded “Proof of reserves or…” while CamelAnon claimed that “shareholders have yet to see capital gains benefit due to dilution.” Even if the paper gains are huge, there are those who feel sceptical about Saylor on that front.

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At the end of the day, there is more than just Saylor’s latest Bitcoin flex to demolish any barriers, whether you love or hate him, that fact states: when there is diamond hands conviction in crypto, contempt will be life-changing rewards. Very simply put by Portal: “Proof that conviction pays.” And that has paid just into half a billion dollars’ worth in just one month at the present moment. Not bad at all for a “laser focus” strategy most traditional investors would label crazy.