Senior Investor Criticizes Michael Saylor: Aggressive Bitcoin Hoarding Strategy May Heighten Centralization Risks
TechFlame
2026-03-25 11:52
TechFlame2026-03-25 11:52
English
TechFlame News - According to The Street, veteran investor Simon Dixon has publicly criticized the Bitcoin accumulation strategy promoted by Michael Saylor, warning that it could exacerbate the risk of centralization in Bitcoin.
Currently, MicroStrategy holds approximately 762,000 BTC, accounting for over 3% of the total supply. The company recently launched a $42 billion ATM financing plan, aiming to continue increasing its Bitcoin holdings.
Dixon pointed out that this model deeply ties Bitcoin to the traditional financial system, making it more susceptible to short-term trading and price manipulation, thereby deviating from its original decentralized purpose. He recommends returning to self-custody and long-term holding strategies rather than centralized allocation through publicly traded companies.