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icroStrategy's aggressive Bitcoin strategy is reminiscent of Manhattan's real estate market, according to Executive Chairman Michael Saylor. In an interview with CNBC, he explained that just as developers issue debt to build more properties in New York City, MicroStrategy leverages its balance sheet to buy more Bitcoin. This approach has allowed the company to accumulate 439,000 BTC, valued at approximately $46 billion.

    Saylor's comments come as Bitcoin briefly touched new highs above $107,000 on Tuesday. MicroStrategy recently secured a spot in the Nasdaq-100 index and is now part of the Invesco QQQ Trust ETF. The company's stock jumped over 5% after announcing an additional 15,350 BTC purchase.

    MicroStrategy's strategy involves issuing convertible bonds and equities above asset value to generate a 72.4% yield on Bitcoin investments without diluting ownership. This approach allows the company to expand its reserves while growing shareholder value through price appreciation. However, it also carries risks during market downturns, which could force the company to sell Bitcoin to meet debt obligations.

    Saylor remains committed to the strategy, stating that "every day is a good day to buy Bitcoin." He characterizes Bitcoin as "cyber Manhattan," whose value proposition mirrors that of prime real estate in a major financial hub. The company will continue to leverage its balance sheet to buy more Bitcoin, with Saylor saying they'll "just keep buying the top forever."