Strategy can buy $100M of Bitcoin within an hour of raising it: Saylor

Michael Saylor, chairman of Strategy, highlighted the company's ability to quickly convert capital into Bitcoin, stating the investment cycle is significantly faster than traditional markets like real estate or oil and gas. He mentioned the possibility of raising and deploying $100 million into Bitcoin within the same hour, and even potentially handling $500 million in a minute. Strategy currently holds 640,250 Bitcoin, representing nearly 2.5% of the total supply. Saylor dismissed criticism of the company’s aggressive Bitcoin accumulation, asserting that investors value the company based on Bitcoin yield and appreciation.

(Source：Cointelegraph)