Investor Proposes Bitcoin Pump Strategy for Strategy
Investor proposes Bitcoin pump strategy for Michael Saylor’s firm, suggesting an aggressive plan to accelerate BTC accumulation and drive market price upward. Richard Bayworth, partner at Syz Capital, believes the method could give Strategy a powerful advantage in the crypto market.
Acquire Zombie Companies and Convert Their Reserves
Bayworth suggests Strategy should acquire so-called “zombie companies” — businesses with dormant stock prices but significant cash reserves. These firms, especially common in Japan, often have low price-to-book ratios. By purchasing such companies and converting their treasury funds into Bitcoin, Strategy could not only boost its BTC holdings but also trigger rallies in the newly acquired firms’ stock prices.
Metaplanet as a Case Study
One example is Japanese firm Metaplanet. Its stock remained flat for years, but after management began investing in Bitcoin, the share price surged more than 13x in a year. Bayworth sees this as proof that the model can work, especially when combined with a well-known brand like Strategy.
Spot Market Buying to Create Supply Shock
Bayworth also advocates for “reckless” Bitcoin buying on spot markets rather than via OTC deals. He argues that draining available BTC liquidity on public exchanges would intensify the supply crunch, driving prices higher — a strategy aimed at inducing a market-wide supply shock.
A Bold Proposal with Bullish Implications
While aggressive, Bayworth’s proposal echoes tactics previously seen in bull markets. With BTC supply on exchanges already low, such moves by a major player like Strategy could meaningfully impact price action — and investor psychology — in the coming months.
