Saylor’s 1.4% Forever Plan Sparks Gulf Bitcoin Fever

by

In a setting lit as if by a reluctant candle, where the TV camera edits the air and a man named Michael Saylor speaks as if reciting a parish sermon to clerks and financiers, the idea lands with a soft, almost comic certainty. He speaks of balance sheets as if they were old friends and of Bitcoin as if it were a kind of modern coin of the realm, weightless yet teeming with promises. The world watches, half amused, half anxious, like villagers at a market where every stall has a tale to tell and every tale ends with a price tag.

“If we sell credit instruments equal to 1.4% of our capital assets, we can pay the dividends funded in Bitcoin and we can increase the amount of BTC we have forever.” The words arrive with the gravity of a promise and the lightness of a dare.

Strategy’s Michael Saylor said live on Middle Eastern TV, “If we sell credit instruments equal to 1.4% of our capital assets, we can pay the dividends funded in #Bitcoin and we can increase the amount of BTC we have forever.”

– BitcoinTreasuries.NET (@BTCtreasuries) February 10, 2026

The logic, if you press him on the matter, is simple to the point of dullness: take a thin slice of what the company owns, borrow against it, turn that borrowed value into Bitcoin exposure that yields something for shareholders, and pretend that none of this eats into the ordinary business of business. KuCoin’s gloss on the plan is brisk and clinical: selling 1.4% of capital assets as credit “could allow the company to boost Bitcoin holdings permanently” while still supporting stock dividends.

This is not new theater to him. It is a reprise of a line delivered at the Bitcoin MENA conference, where he told regional sovereign funds that “Bitcoin is digital capital, or digital gold, and digital credit builds on it by stripping out volatility to generate yield.” A neat trick, if the world were simpler, and the theater more forgiving.

Macro risk, meet corporate leverage

The stage is not empty. Bitcoin has become a quiet barometer of global appetite for risk, and in this moment it sits near $70,345, trading in a narrow corridor between about $68,428 and $71,852 with liquidity measured in tens of billions. Ethereum hovers near $2,012, with volumes around $28.7B, while Solana, stubborn as a rumor, trades near $86 with several billions in motion, and XRP flits near $1.44, showing the kind of weakness that makes risk managers reach for a stronger cup of tea. The air is thick with the sense that macro currents ride on these prices as if they were paper boats in a storm.

In other words, the world outside keeps its own rhythm, and Bitcoin, being the purest foil for macro risk, moves with a stubborn gravity. The numbers march in and out: BTC around $70,345, ETH around $2,012, SOL around $86, XRP around $1.44. The chatter about “stop‑loss phases” and drawdowns is not a tragedy so much as a reminder that markets are like quiet rooms where people pretend not to notice a draft until the curtains whip around them.

Middle Eastern capital in the crosshairs

Saylor has not been shy about his target audience. In Abu Dhabi, he claims to have met “every Middle East sovereign wealth fund” to press the case that Bitcoin‑backed credit can outshine fixed income, offering “two to four times” the traditional yield while using corporate structures like Strategy as leverage amplifiers. The sale is precise, the arithmetic confident, the delivery cinematic, and the reaction-well, one can hear in the back of the room a twinge of skepticism waiting to be confirmed or refuted.

The tension between pitch and market is palpable. Bitcoin has slipped below a symbolic line, and the market wears its unease as a kind of quiet echo. Whether Saylor’s 1.4% rule will become a template or a cautionary tale will be decided not by the televised sparkle of a sound bite, but by the slow, stubborn tests of macro stress and the tremor of real balances in real rooms.

Read More

2026-02-10 16:00