Should Saylor Go All-In? Bitcoin Executive Urges ‘Super Aggressive’ Strategy Shift
2 min read
Michael Saylor’s Bitcoin acquisition strategy has long been hailed as visionary, but a new voice in the crypto space is suggesting it’s time for an even bolder approach. Richard Byworth, partner at Syz Capital and advisor to Bitcoin firm Jan3, believes that as the BTC supply on exchanges continues to shrink, Saylor’s firm, Strategy, should consider ramping up its purchasing efforts—even if it means stirring the markets. Rethinking Bitcoin Buys as Liquidity Tightens Speaking on an April 29 podcast, Byworth argued that the days of playing it safe through over-the-counter (OTC) purchases might be numbered. “There comes a point where the supply dries up,” he said. “Maybe instead of quietly accumulating, Strategy should go full-throttle—buy in the open, push the price, and let the market feel it.” Currently, Strategy holds a staggering 553,555 BTC , valued at over $52 billion, according to Saylor Tracker. But with Bitcoin now trading at $94,680, down roughly 13% from its January peak of $109,000, the timing of future buys could shape not just the firm’s bottom line but also the broader crypto landscape. Market Impact Over Discretion Byworth’s suggestion flies in the face of traditional large-scale accumulation strategies, which typically favor discretion to avoid driving up the price. However, he sees a potential advantage in doing the opposite—especially as available BTC supply dwindles. He pointed to the concept of mNAV (multiple of Net Asset Value), emphasizing that for Strategy, the rising valuation of its BTC holdings is a direct benefit to shareholders. “If the price jumps because of aggressive buying, so does Strategy’s mNAV,” he said. “It becomes a virtuous cycle—the more you buy, the more value you create.” Fidelity Digital Assets recently echoed similar sentiments, noting that public company purchases are putting pressure on Bitcoin supply, a trend likely to accelerate. In such an environment, Byworth believes going loud instead of quiet might be the smarter play. Looking to Japan for Acquisition Opportunities Beyond market tactics, Byworth floated a unique idea: buying up cash-rich but stagnant Japanese companies and converting their reserves into BTC. “There are plenty of zombie firms with low price-to-cash ratios just sitting on money,” he noted, referencing Metaplanet’s recent $28 million BTC buy as a model. As Bitcoin hovers below the key $100,000 mark and Saylor continues to chase digital gold, the question isn’t just how much Strategy will buy next—but how loud they’ll make that next move. The post Should Saylor Go All-In? Bitcoin Executive Urges ‘Super Aggressive’ Strategy Shift appeared first on TheCoinrise.com .

Source: The Coin Rise