Microstrategy has recently named “Strategy ,, with its recent brand renovation and attracted attention again in the crypto world. The company, led by Michael Saylor, known as Bitcoin supporter, began to sell Bitcoin logo products. However, the lack of BTC payment option in these sales led to great controversy in the crypto community.
New Identity and Bitcoin Store
Strategy also announced its online store where it will sell its btctem products while renewing its company identity. In this store, various products such as T -shirts and cups were offered for sale. The announcement arrived just before the company’s Q4 earning statement. However, users noticed that there is no option to pay with crypto currency. The company only accepted credit card payments.
This led to criticism, especially among Bitcoin defenders. As someone supporting the crypto currency of Michael Saylor, it was a matter of curiosity. Questioning Bitcoin’s availability for daily payments, this move was considered a strategic choice.
BTC position and financial results
Strategy’s Q4 financial results provided important information about the company’s Bitcoin strategy. The report showed that they had damaged $ 3.03 per share. This damage was largely due to the depreciation of Bitcoin assets. The company has 471,107 BTCs in its hands and the total value of these assets reaches approximately $ 46 billion.
In spite of this damage, there was no change in the BTC attitude. Michael Saylor said the company aims to earn $ 10 billion by 2025. The company, which sees Bitcoin as a long -term investment in a strategic point of view, said it will continue its position.
Michael Saylor and Bitcoin Discussions
Michael Saylor is known as one of Bitcoin’s most powerful defenders. However, he has a more cautious approach to the use of Bitcoin in daily payments. In a share in 2020, Bitcoin was not suitable for small transactions.
According to Saylor, accounting costs and transaction fees can be quite high in small amounts of Bitcoin payments. For this reason, he argues that it makes more sense to use Fiat money for daily transactions. Although solutions like Lightning Network have been developed, Strategy continues to see Bitcoin as digital gold.
