'Strategy is synthetically halving Bitcoin' — Author and analyst

Summary

Michael Saylor's strategy involves purchasing over half of the newly minted Bitcoin (BTC) supply from miners monthly, acquiring 379,800 BTC in six months. Miners produce about 450 BTC daily, but Saylor's firm buys approximately 2,087 BTC daily, creating scarcity. This scarcity is expected to drive up BTC prices as access becomes more expensive, with lending and borrowing becoming exclusive to large entities. Predictions suggest that if this acquisition pace continues amid rising demand, BTC's market capitalization could reach $200 trillion. Critics caution that a debt-based acquisition model may pose financial risks during a bear market and increase systemic risks due to high concentration of BTC ownership. However, some advocates argue that this concentration does not threaten Bitcoin's protocol, as major holders cannot alter supply without risking their investments.

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