Michael Saylor Says Strategy Aims to Be the World's Biggest Company by Market CapโHere's How Much Upside It Needs
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Strategy Inc. outlined a vision to become the world's most valuable company by maximizing Bitcoinโฆ
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
Strategy Inc. outlined a vision to become the world's most valuable company by maximizing Bitcoin ownership and creating the best equity value.
Strategy's official X handle posted a video of Michael Saylor from last week's second-quarter earnings call, where he presented their flywheel capital strategy to become the world's biggest company by market capitalization.
Saylor said the first step in this goal is to own the "most capital" in the form of Bitcoin, then aim for a 30% annual return on reserves in BTC.
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Then comes issuance of what he described as the "strongest credit" in the form of Perpetual Stretch Preferred Stock . Saylor said the company targets digital credit equal to 10โ20% of BTC reserves annually.
And by issuing the "strongest credit," Saylor said, the company could create the "best equity," i.e, its common stock, MSTR.
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