All news is rigorously fact-checked and reviewed by leading blockchain experts and seasoned industry insiders.
- Michael Saylor stated on X that “EUR gonna need BTC,” implying Bitcoin’s role as a hedge against economic uncertainty for the Euro.
- Saylor’s company, Strategy, is aggressively accumulating Bitcoin, evidenced by recent purchases and the launch of a new investment vehicle, Strife
Michael Saylor, executive chairman at Strategy (formerly MicroStrategy), has once again stirred controversy in finance with a bold prediction. In a statement on his social media account on X, he proclaimed:
EUR gonna need BTC.
The announcement was a warning sign that implied that Bitcoin would be used as a hedge against uncertainty in the economy. Some users agreed with Saylor’s assertion, while others demanded more context and wondered if the euro was truly in a vulnerable position.
Saylor has long been a proponent of Bitcoin and always positioned it as a hedge against the devaluation and inflation of fiat currency. All his statements are in line with his ongoing stance that Bitcoin is not just a digital currency but something that you must have in uncertain times.
A Strategic Push for Bitcoin Reserves?
On 19th March, Saylor tweeted a chart showing the dramatic rise of the US dollar against the Turkish lira with a second taunting tweet: “Try BTC.” It can be interpreted as a subtle nod to national Bitcoin reserves such as those already possessed by the United States.
The U.S. now has over 199,000 BTC valued at nearly $17 billion that were seized from criminal enterprises like the infamous Silk Road marketplace. The government has not yet announced significant Bitcoin purchases but current reserves indicate a de facto acknowledgment of BTC’s growing prominence.
This idea of a Strategic Bitcoin Reserve (SBR) has been controversial ever since former President Donald Trump signed an executive order to explore such possibilities. Although government adoption is possible, no outright purchases of BTC have been contemplated in the near term.
Strategy’s Relentless Bitcoin Accumulation
Saylor’s own company, Strategy, remains one of the biggest corporate holders of Bitcoin. The firm currently owns 499,096 BTC, acquired over nearly four years. Earlier this week, the company boosted its holdings again with the purchase of 130 additional BTC.
Not stopping there, Strategy recently launched Strife (STRF), a new investment vehicle designed to fuel further Bitcoin accumulation. Through this offering, the company aims to issue 5 million Series A Perpetual Strife Preferred Stock, offering a 10% annual dividend to investors. This move is part of Strategy’s long-term plan to secure $21 billion worth of BTC over the coming years.
Under Saylor’s leadership, Strategy has transformed from a software company into the largest corporate Bitcoin investor. In recent years, it has also become the top issuer of convertible bonds, raising around $9 billion—most of which has gone directly into Bitcoin.
Beyond finance, Saylor has also introduced intriguing metaphors to describe Bitcoin’s position in the global economy. In a March 15 post, he likened BTC to an “Orange Dwarf”, saying:
Bitcoin is an Orange Dwarf—the brightest object in the financial system—growing stronger, hotter, and denser as it attracts capital.
