On Monday, Eastern Time, with Bitcoin and many other Cryptos once again reaching historical highs, Michael Saylor compared Bitcoin to New York, USA and its economic growth engine, praising it as "Network Manhattan." Known as a "Bitcoin Whale" and "Bitcoin Shadow Stock" $MicroStrategy (MSTR.US)$ is considered one of the biggest winners of this wave of Cryptos investment frenzy this year, with MicroStrategy's stock price soaring 550% year to date as the price of Bitcoin continues to hit record highs, surpassing the monumental milestone of 0.1 million dollars.

'We will only ever purchase top-tier Cryptos, and every day is a good day to buy Bitcoin, even if buying at the peak is a promising investment.' This was stated by the founder and Director of MicroStrategy during an interview on CNBC's 'Money Movers' program. 'Every day, 100 years ago, 200 years ago, and even 300 years ago, I would buy assets in Manhattan. Maybe you would pay a little more than those who bought Manhattan assets before, but investing in the economic capital of the free world is always a good investment.'

Saylor's latest comments were made before MicroStrategy is officially included in the NASDAQ 100 Index on December 23, causing a stir in both the crypto space and the entire investment field including the Bitcoin ETF market. In his view, investing in Bitcoin now is akin to investing in the construction of Manhattan 300 years ago.

Being included in the NASDAQ 100 Index means that the "Bitcoin Whale" MicroStrategy will officially enter the globally high-interest investment market.$Invesco QQQ Trust (QQQ.US)$ The stock coverage of this ETF product tracks.$NASDAQ 100 Index (.NDX.US)$。

During Monday's US stock trading hours, MicroStrategy's stock price rose by over 7% at one point. According to Coin Metrics, Bitcoin reached a historic peak of 107162.64 USD, with its upward momentum continuing after breaking the 0.1 million dollar super threshold.

Since 2020, MicroStrategy has been adding Bitcoin to the company's balance sheet and is now actively issuing convertible Bonds to fund the purchase of Bitcoin. After the US presidential election, the company began to increase its Bitcoin purchasing activity, during which global investor bullish sentiment towards Bitcoin and other Cryptos showed exponential growth.

On Monday Eastern Time, Saylor announced that MicroStrategy has recently purchased 15,350 Bitcoins, bringing its total Bitcoin holdings to an astonishing over 0.439 million coins, worth approximately 46 billion dollars.

In an interview, Saylor even responded to critics who call MicroStrategy's Bitcoin purchasing strategy a Ponzi scheme. "Like many developers in Manhattan, whenever real estate values soar, they issue larger-scale debts to develop more real estate," he stated. "This is why buildings in New York City are so tall, a situation that has persisted for 350 years. I would call it an economic growth model."

The Analyst team at Wall Street investment firm Bernstein recently released a forecast report stating that by the end of 2025, the price of Bitcoin will reach 0.2 million dollars. "We expect that Bitcoin will ultimately replace Gold over the next decade, becoming the primary 'value storage asset' of the new era, and a permanent part of multi-asset allocation for investment institutions and standard corporate financial management."

Bernstein's latest Bitcoin price prediction aligns with that of Standard Chartered Bank, whose Global Head of Digital Asset Research, Geoff Kendrick, precisely predicted that Bitcoin would soar to 0.1 million dollars this year, and recently stated that by the end of 2025, Bitcoin's price will reach 0.2 million dollars.

Bitcoin helped MicroStrategy, which was once on the brink of bankruptcy, to experience a 'rebirth through fire.'

After Trump announced his victory in the USA presidential election, the price of Bitcoin embarked on a "crazy surge," currently trading at over $0.1 million, aiming for the $0.11 million mark.

Since becoming a "Bitcoin whale" by holding a large amount of Bitcoin, the stock price of the USA-listed company MicroStrategy has surged 70% since November, with a staggering increase of 550% this year. Currently, MicroStrategy's total Market Cap has reached $97.8 billion, far exceeding the Market Cap of the Bitcoins it holds, making it the global stock with the most fierce growth in the "Bitcoin Concept".

MicroStrategy has even been dubbed by some financial commentators as "the most successful investment bank in human financial history." From struggling on the brink of bankruptcy to now nearing a Market Cap of $100 billion, driven by the frenzied enthusiasm of investors brought about by its substantial Bitcoin Hold Positions, the company truly deserves this title.

MicroStrategy co-founder Saylor decided four years ago to lead this small business software manufacturer, which had been lingering on the edge of bankruptcy for years, onto a unique 'survival path in the wilderness'—betting on the appreciation of Bitcoin value. Under his leadership, MicroStrategy has accumulated Bitcoin worth over 40 billion dollars in the past four years. It has proven that Saylor made the right bet, as Bitcoin rose from around 0.01 million dollars to 0.1 million dollars over four years, a tenfold increase.

In October, a plan was announced to raise approximately $42 billion over the next three years through an average split of equity and fixed income securities, thus accelerating the Global Strategy shift. Since October 31 alone, MicroStrategy has purchased about $15 billion in Bitcoin and issued up to $3 billion in zero-coupon convertible bonds, marking the fifth bond issuance for the company this year. This 'Bitcoin proxy' plans to sell up to $21 billion in bonds to raise funds for purchasing Bitcoin. Convertible bonds are at the core of a layered volatility bet.

Eli Pars, co-chief investment officer from Calamos Advisors LLC, is one of the buyers of more than $6 billion in convertible bonds sold by MicroStrategy this year, with the massive assets raised from issuing these bonds aimed at funding MicroStrategy's ever-expanding cryptocurrency reserves. Like many other hedge fund investment managers, Pars utilizes these convertible bonds for market-neutral arbitrage trading strategy to capitalize on significant opportunities brought about by the sharp volatility of MicroStrategy as the symbol.

'Convertible bonds are a way for issuers to profit from the dramatic volatility of their stock prices, and MicroStrategy is an extreme example,' Pars stated, noting that his hedge fund company holds MicroStrategy bond assets worth over $0.13 billion with long-term and arbitrage strategies.

Editor/Rocky