Proof-of-Reserves: Is it Suitable to MicroStrategy?
The following is a visitor post and analysis from Shane Neagle, Editor In Chief from The Tokenist. On Tuesday, Michael Saylor, the Executive Chairman of MicroStrategy (NASDAQ: MSTR), riled up the Bitcoin part of the web. At an event surrounding to Bitcoin 2025 conference in Las Vegas, Saylor was asked whether the company (rebranded as Method) has any plans to publish proof-of-reserves for its Bitcoin stash, currently holding 580,250 BTC (~$ 62.8 billion). It also bears remembering that many financiers do not want the duty of self-custody or believing through risk management, which is why MSTR, a regulated stock on NASDAQ, makes for an appealing Bitcoin proxy.
At the end of the line, Michael Saylor is not printing brand-new Bitcoin and not overleveraging to the extreme degree we have actually seen with SBF or Do Kwon. In an interview to Financial Times, he noted that “Bitcoin might fall 90% and stay there for 4 or five years, and we would still be steady.”
The Bottom Line: It could be the case that, for some reason, Bitcoin crashes in the age of institutional adoption and Tactical Bitcoin Reserve.
At an event surrounding to Bitcoin 2025 conference in Las Vegas, Saylor was asked whether the company (rebranded as Method) has any strategies to release proof-of-reserves for its Bitcoin stash, presently holding 580,250 BTC (~$ 62.8 billion). While Bitcoin does not natively consist of an Evidence of Reserves mechanism, the presence of deals and balances allows external PoR audits when entities sign messages from their addresses. If BTC addresses can be reliably linked to specific holders, further insight into possession ownership and circulation becomes possible. In brief, by doing so, Method would be perceived as a highly unserious company.
What Is Method’s General Target?
Strategy’s general goal remains the same– raise capital by selling new MSTR shares to purchase more Bitcoin, as an appreciating property due to its fixed deficiency. It also bears keeping in mind that many financiers don’t want the obligation of self-custody or believing through risk management, which is why MSTR, a regulated stock on NASDAQ, makes for an attractive Bitcoin proxy.
At the end of the line, Michael Saylor is not printing new Bitcoin and not overleveraging to the extreme level we have actually seen with SBF or Do Kwon. In an interview to Financial Times, he noted that “Bitcoin could fall 90% and stay there for four or five years, and we would still be stable.”
The Bottom Line: It might be the case that, for some reason, Bitcoin crashes in the age of institutional adoption and Tactical Bitcoin Reserve.
