●MicroStrategy projects up to $9.5 billion revenue if BTC hits $110k in 2025
●Projections hinge on Bitcoin price range of $85,000 to $110,000
●Critics allege stock sales are funding obligations rather than Bitcoin acquisition
MicroStrategy has updated its fiscal year 2025 earnings projections, estimating operating income between $7 billion and $9.5 billion if Bitcoin prices range from $85,000 to $110,000 by year-end. The company links its financial performance targets directly to potential Bitcoin price appreciation.
Conversely, market commentators have highlighted growing criticism regarding the company's business model. Reports circulating among traders allege that Michael Saylor is being forced to sell stock to fund interest and dividend obligations rather than buying Bitcoin, with some critics labeling the structure unsustainable.