The head of Strategy, speaking at the Bitcoin MENA conference, reported that Strategy, as the largest public corporate holder of bitcoins, has accumulated 660,624 BTC valued at approximately $66 billion, and spends $500 million weekly on purchasing the premier cryptocurrency.
“We will continue this practice and plan to acquire all available bitcoins. Such an approach will remove the asset from circulation, strengthening the Bitcoin network, releasing it like a spring—for long-term growth,” stated Sailor. Addressing the conference attendees, Sailor mentioned that through accumulating global reserves of the premier cryptocurrency, his firm aims to initiate an over-collateralization mechanism, which will make the volatile bitcoin the foundation for obtaining stable loans. “We are cleaning up risk, transforming digital capital into digital credit with a reliable return of 10% perpetually,” the businessman added. The collateral in the form of bitcoin will exceed the loan amounts by five to ten times, and even if the BTC price drops by 90%, the borrower’s credit obligations will still be covered, Sailor is confident. Strategy already offers similar financial products, such as STRK shares with an 8% annual dividend, STRF “perpetual bonds” yielding 10%, preferred shares with 12.5% annually, and short STRC loans traded as risk-free instruments—but with returns exceeding standard bank deposits, emphasized the company head. According to Sailor, major US banks, including JP Morgan, Citi, Charles Schwab, Wells Fargo, and Bank of America, have begun preparing credit facilities backed by bitcoin and have already approached Strategy for consultations and partnership.
Earlier, Defiant Capital co-founder Jonathan Dane cautioned that an overly romanticized view of bitcoins could lead inexperienced traders to considerable losses, as the premier cryptocurrency remains an extremely volatile and high-risk digital asset.
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