MicroStrategy CEO Calls Bitcoin ‘United States of Money’

MicroStrategy main enforcement Phong Le has called Bitcoin (BTC) the "United States of money." On-chain tracker Arkham says the $1 cardinal stake helium made connected the firm's preferred banal is backmost to break-even.

The purchase, successful a securities filing, doubles arsenic a idiosyncratic wager connected the institution Le runs. Strategy, formerly MicroStrategy, is warring to clasp its Stretch preferred banal (STRC) adjacent par aft a Bitcoin slump.

$1 Million Bet Back astatine Break-Even

A June 22 filing shows Le bought 11,000 STRC shares done his household trust. He paid a weighted-average $90.80 apiece, oregon astir $998,756. He framed it arsenic a semipermanent hold, not a trade.

That terms was beneath STRC's stated $100 value. Strategy designed the banal to commercialized adjacent that $100 par value, adjusting its dividend monthly to support the peg.

The institution has since lifted STRC's yearly dividend to 12%, up from 9% astatine its July 2025 debut. That has pulled the shares backmost toward par. Arkham present pegs Le's presumption astatine break-even.

The betterment matters due to the fact that STRC anchors a preferred-stock stack present worthy much than $13 billion. MicroStrategy precocious outlined a caller Bitcoin income argumentation that could money those dividends by selling immoderate of its holdings.

"I bought $1 cardinal of $STRC today. Will clasp it until it reaches par, apt longer," Le described the bargain successful a June post.

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Why Le Calls Bitcoin the United States of Money

Le laid retired his lawsuit for Bitcoin, describing it arsenic wealth acceptable by transparent rules and a fixed proviso that nary authorities tin inflate away. The asset, helium argued, shields wealthiness from inflation, censorship, and governmental pressure.

"Bitcoin is the United States of money. It aspires to bash for wealth what the American Constitution aspired to bash for government: make a strategy governed by transparent rules alternatively than the discretion of individuals...But beyond that, Bitcoin is hope," helium stated.

He tied the presumption to his ain past. He linked his family's exile travel from Vietnam to the content that radical should power their ain money. Le has predicted Bitcoin could go a planetary reserve plus wrong a decade.

The condemnation carries value due to the fact that Le runs Strategy, the largest firm Bitcoin holder astatine 818,334 BTC.

Founder Michael Saylor pioneered that treasury exemplary successful 2020. Le points to banks similar Goldman Sachs and Citi adding Bitcoin services arsenic impervious that the displacement is real.

Not everyone shares the optimism. Bitwise has said Strategy is nary longer Bitcoin's ascendant buyer. The steadfast besides booked a $12.5 cardinal quarterly nonaccomplishment arsenic bitcoin fell. Rival firm Bitcoin treasuries person kept accumulating done the slump.