Jason Calacanis, considered the greatest angel investor of all time Suggested Business intelligence firm MicroStrategy may end up breaking the “bitcoin game” due to its massive purchases.

Earlier today, Barron's reported that MicroStrategy shareholders were on track to vote on increasing the company's authorized common stock to more than 10 billion shares. The outlet estimated that such a move could theoretically allow the company to purchase all existing bitcoins at current prices.

Of course, like this proposal It's ridiculousBut Saylor is certainly very determined

In response to the sensationalist media article, MicroStrategy co-founder Michael Saylor joked about getting his best ideas from Barron's in a social media post on X.

Recently, Saylor did He says His ultimate goal is to end up owning $3 trillion worth of Bitcoin. It is also believed that the business intelligence company's market value could eventually rise to $10 trillion.

However, Calacanis, one of MicroStrategy's vocal skeptics, believes the company's massive buying spree could make the largest cryptocurrency unattractive to future Bitcoin buyers.

According to the prominent businessman, everyone will "genuinely" believe they work for Saylor.

Calacanis suggested that investors would likely move on to another game if Saylor ends up consolidating a lot of bitcoin.

According to the latest data, MicroStrategy owns $43.4 billion worth of Bitcoin, making it the largest holder of the cryptocurrency by a massive margin.