Veteran Investor Criticizes Michael Saylor: Strategy of Massive Coin Hoarding May Exacerbate Bitcoin Centralization Risk

BTC2,21%

BlockBeats News, March 25 — Veteran investor Simon Dixon publicly criticized Michael Saylor’s Bitcoin accumulation strategy, saying it could increase the risk of Bitcoin centralization.

Currently, Strategy holds approximately 762,000 BTC, accounting for over 3% of the total supply. The company recently launched a $42 billion ATM financing plan to continue increasing Bitcoin holdings.

Dixon pointed out that this approach tightly links Bitcoin with the traditional financial system, making it more susceptible to short-term trading and price manipulation, which deviates from the original goal of decentralization. He recommends returning to self-custody and long-term holding strategies rather than centralized allocation through publicly listed companies.

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