With Bitcoin at $100K, many are wondering if it has become too expensive. Michael Saylor, Executive Chairman of Microstrategy, however, says no. Speaking with Barstool Sports founder Dave Portnoy, he opens up about why he’s not worried about the price, saying it’s a long-term bet on value and global adoption. Saylor believes the price is not overvalued; it’s crypto’s role in reshaping the financial world.
Bitcoin: The Long-Term Asset
Michael Saylor thinks about Bitcoin in terms of Manhattan real estate. The idea he presented is this: just like the appreciation in Manhattan real estate compounds over decades, so will the value of Bitcoin, he said. This perspective seems to support the CEO’s claim that even at $100K and above, Bitcoin is not expensive. Saylor pointed out the asset’s unique characteristics: scarcity and decentralization, which protect it from debasement and make it long-term attractive.
The Microstrategy executive said Bitcoin gives you control over your wealth. He mentioned censorship and inflation resistance, framing it as a modern moat against financial vulnerabilities. According to Saylor, these have led to global adoption and therefore its increasing value today and tomorrow.
Resilience Amid Volatility
According to reports, Saylor’s confidence in Bitcoin has been tested before. When Microstrategy allegedly invested $250M at $11,800 per coin in 2020, the price fell 20% shortly after. Looking back on that first dip, Saylor said the loss made him more determined to be in it for the long term.
“Once you’re in, you’re in … I’m going to ride it to zero or we’re going to win, but I’ve decided I want to win”, he said. He called Bitcoin not just an investment but a financial tool that can empower individuals and corporations.
By buying more Bitcoin, Michael Saylor is showing he believes in the trajectory. Reports say Microstrategy just bought 21,550 more BTC and now holds 423,650 BTC worth $25.6B. This signifies his vote of confidence that the long-term is far more important than short-term price movements.
Is the $100K Bitcoin still a Strategic Buy?
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Saylor dismissed the price concerns, saying the value is backed by the 21 million supply and global financial systems. For him, the price is a measure of demand and adoption, not a ceiling. He compared Bitcoin’s journey to other long-term investments like Manhattan real estate, where the appreciation over time proves it’s irreplaceable.
In his talk, Saylor said Bitcoin is a unique store of wealth because it’s decentralized and incorruptible. He thinks the price going up means it’s becoming a bigger hedge against inflation and geopolitical uncertainty. According to him, those qualities will make Bitcoin an essential asset in the portfolios of the future.
The Michael Saylor Bitcoin Strategy
For Saylor, Bitcoin is not a financial instrument but a transformational force that will change how people think and save wealth. He described a vision of Bitcoin as a base that will anchor financial freedom for institutional investors and individual users. With Bitcoin as part of Microstrategy’s financial strategy, he’s not only strengthened the company’s balance sheet but also the precursor to a bigger movement of decentralization and financial security.
He’s shown it through his actions and words. Saylor said, “I’ll buy it at a million dollars a coin and I’ll probably buy it at a billion dollars a day at a million dollars a coin, because that’s what I do.”
A statement that means he thinks Bitcoin’s journey is far from over and the current price is just a stepping stone to more.
Conclusion
Michael Saylor believes in the long-term value and changes that Bitcoin can bring about, which is reflected in the company’s strategy around it. Talking about this price, he said again how Bitcoin, like any other asset that has stood the test of time, gets most of its value from being scarcer and more adopted. So, according to Saylor, $100K Bitcoin is not overvalued but the beginning of its importance in the global financial system.
As Saylor buys and talks about Bitcoin, his strategy is a guide to how Bitcoin can redefine wealth and empower investors everywhere. The price is not a limit but proof of Bitcoin’s irreplaceability.
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