Michael Saylor, a prominent advocate for Bitcoin, has expressed his readiness to offer guidance to President-Elect Trump on cryptocurrency matters. Saylor, the CEO of MicroStrategy and a well-known figure in the crypto community, believes that his insights could help shape policies that benefit the cryptocurrency landscape. With Trump’s anticipated focus on economic revitalization, Saylor sees an opportunity to enlighten him about the potential of Bitcoin and its role in the modern financial system. As cryptocurrency continues to gain traction globally, Saylor’s advisory role could be crucial in navigating the complexities of digital assets and integrating them into mainstream economic strategies.

Michael Saylor, co-founder and Chairman of MicroStrategy, known for his bullish stance on Bitcoin (BTC), aims to provide “intelligent leverage” to the company’s investors while focusing on significant investments in leading cryptocurrencies.

MicroStrategy’s Shares Surge by 500% in 2024

In a recent interview with Bloomberg Television, Saylor discussed that MicroStrategy has $7.2 billion in convertible securities, with about $4 billion behaving like equity owing to favorable market conditions.

Saylor pointed out, “They are trading with a delta of approximately 100%, resembling equity,” which reflects a strong linkage between these bonds and the company’s stock performance.

This year, MicroStrategy has taken bold steps in the cryptocurrency realm, enacting a plan to secure $42 billion specifically for buying and holding Bitcoin.

The company’s stock has skyrocketed close to 500% during 2024, significantly exceeding Bitcoin’s own increase of 150%, largely due to the firm regularly announcing multi-billion-dollar Bitcoin acquisitions, occurring every Monday for the last six weeks.

These actions have not only boosted MicroStrategy’s stock value but have also raised questions about the long-term viability of such an aggressive investment approach.

Additionally, MicroStrategy’s fixed-income securities have caught the eye of hedge funds chasing convertible arbitrage opportunities, which means purchasing the bonds while short-selling the stocks. This interest has helped MicroStrategy issue $6.2 billion in convertible securities this year, strengthening its financing capabilities.

Amid concerns regarding its investment model, MicroStrategy’s market cap has exceeded $90 billion, leading to its addition to the Nasdaq 100 Index at the end of last week’s trading.

This achievement may prompt over $2 billion in share acquisitions from funds tracking the tech index, according to estimates from Bloomberg Intelligence.

Saylor Open to Advisory Role in Crypto

During the same interview, Saylor mentioned that he has been communicating with members of President-elect Donald Trump’s administration, expressing his readiness to discuss forward-thinking digital asset policies.

Saylor indicated he would consider an advisory role for digital assets if invited, particularly following Trump’s appointment of David Sacks, a former PayPal executive, as the inaugural “White House AI & Crypto Czar.”

As previously noted by Bitrabo, this position is aimed at supervising the creation of government policies related to AI and crypto, aligning with Trump’s commitment to reforming cryptocurrency regulations in the U.S. and encouraging industry growth.

Sacks will work on establishing a legal framework that will deliver the clarity the crypto sector has sought, to help it thrive domestically. Trump stated, “He will work on a legal framework so the crypto industry gets the clarity it has been asking for and can thrive in the US.”

Featured image from DALL-E, chart from TradingView.com