Why Other Bitcoin Treasury Firms Are Betting on Strategy's 'iPhone Moment'

When Strategy held its annual conference, Strategy World, in Las Vegas last month, attendees heard plenty about how the digital asset could reshape corporate balance sheets. Yet the spotlight may not have shone as brightly on Bitcoin this year. Although co-founder and Executive Chairman Michael Saylor still evangelized the asset that has transformed his company, as with any public appearance, this year’s focus centered on STRC, the firm’s variable-rate preferred share. That’s according to TD Cowen’s Lance ...