MicroStrategy's Michael Saylor releases 'BTC21 Commandments': Disrespect BTC and prepare to be a clown

As the dominant account of the listed company BTCHoldings, Michael Saylor, founder and CEO of Strategy (formerly known as MicroStrategy), released the 'BTC 21 Rules' on the 17th, sharing his investment concept of BTC, including the recommendation to buy BTC with 'money you can't afford to lose' and stating that those who do not respect BTC are clowns. (Background: Will the continuous 4-quarter loss affect the step of increasing the position in BTC?) (Background: MicroStrategy refinances $560 million annually at 8% interest, but interrupted the 12-week record of increasing the position in BTC. Why?) Strategy entered the BTC market in 2020 and has since become the dominant account of BTCHoldings for global listed companies. The latest statistics from Bitcointreasuries show that MicroStrategy's BTCHoldings have reached 478,740 coins, with a total value of $46 billion, and a total purchase cost of approximately $31 billion, with an unrealized gain of $14.9 billion. Michael Saylor shares the BTC 21 Rules Against the backdrop of continuous increase in position, Michael Saylor, founder and CEO of Strategy, shared the 'BTC 21 Rules' on the 17th, summarizing the essence and impact of BTC, including: Those who understand buy BTC. Those who don't, criticize Bitcoin. Everyone is against Bitcoin before they are for it. You will never be done learning about Bitcoin. Bitcoin is powered by chaos. Bitcoin is the only game in the casino... — Michael Saylor (@saylor) February 17, 2025 In fact, Michael Saylor shared these BTC 21 Rules at the BTC Prague conference held in Prague in June last year, where he elaborated on the 3 core ideas of the 21 Rules, including 'BTC is the singularity of science and economics collision', 'BTC is the first perfect coin', and 'BTC is a paradigm shift'. In Michael Saylor's view, those who understand BTC will buy it, while those who don't will criticize it. If you truly understand BTC, the pattern will change, and you will involuntarily buy BTC, while critics often lack an understanding of BTC's transformative potential and are skeptical of BTC. Michael Saylor describes the TradFi system as a fragile 'matrix' composed of synthetic and false indicators. BTC provides a ticket to escape the TradFi system, offering control over freedom and wealth beyond traditional flawed economic models. While most people would advise investing in BTC with money you can afford to lose, Michael Saylor's view is completely different. He advocates 'buying BTC with money you can't afford to lose', suggesting that purchasing BTC should be a primary investment rather than speculative/defensive. However, despite the merits of BTC, Michael Saylor emphasizes that there is no need to oppose the current legal coin system. Instead of opposing legal coin, he advocates for promoting BTC, supporting BTC, recognizing its superiority, which is more effective than simply criticizing the legal coin system. Michael Saylor believes that BTC is a powerful force of Decentralization that will change people's perspectives, thinking, and lifestyles. People should adapt to BTC; people won't change BTC, but it will change them. If you don't respect BTC, you'll be a clown. Those who underestimate the power and potential of BTC often end up being impressed by BTC's success and resilience. Strategy continues to increase its position in BTC. Michael Saylor has been practicing his BTC 21 Rules all along. MicroStrategy just announced its renaming to Strategy on the 6th and released its fourth-quarter financial report for 2024. Despite a net loss of $670 million in the quarter, they significantly increased their BTC holdings by 218,887 coins, reaching a historical high. Strategy proposed the 21/21 plan at the end of October last year, aiming to invest $42 billion in capital (with $21 billion in equity and $21 billion in fixed income securities) within three years to further expand its BTC holdings. As of now, Strategy has completed $20 billion in capital allocation, far exceeding the original plan. Looking ahead to 2025, Strategy has set a 'BTC profit' target of $10 billion and plans to further expand its BTC holdings. Related reports: Michael Saylor featured on Forbes cover! Praised as 'BTC alchemist,' BTC big dump of 80% to impact MicroStrategy? MicroStrategy at risk of being forced to sell BTC? Wall Street Journal: MicroStrategy's unrealized gains tax could reach tens of billions of dollars. Greenlight Capital warns: Cryptocurrency speculation bubble will burst 'shorting MicroStrategy', US BTC reserves difficult to achieve. The article 'MicroStrategy Michael Saylor releases 'BTC 21 Rules': Disrespect BTC and wait to become a clown' was first published on BlockTempo, the most influential blockchain news media.