Strategy Inc. (NASDAQ:MSTR) Executive Chair Michael Saylor highlighted on Sunday that the company has surpassed Wall Street giants since adopting the Bitcoin (CRYPTO: BTC)-focused approach, trailing only Nvidia Corp. (NASDAQ:NVDA).‘Best-Performing Assets’ Of The DecadeSaylor posted a chart on X comparing annualized returns for various assets during the “Bitcoin Standard Era,” referring to the period since Aug. 10, 2020, when the company adopted Bitcoin as its primary treasury reserve asset. During this peri ...

RT Wu Blockchain (@WuBlockchain)Michael Saylor: The U.S. Dollar Is the Biggest Winner in the Stablecoin WaveStrategy co-founder Michael Saylor told CNBC on Nov. 29 that stablecoins and Bitcoin are in “completely different lanes.” He said stablecoins compete with Visa, Mastercard, and the traditional banking system, with the U.S. dollar poised to be the biggest winner as stablecoins expand globally. By contrast, he described Bitcoin as “digital capital” focused on long-term value storage, competing with gold ...

Michael Saylor: The U.S. Dollar Is the Biggest Winner in the Stablecoin WaveStrategy co-founder Michael Saylor told CNBC on Nov. 29 that stablecoins and Bitcoin are in “completely different lanes.” He said stablecoins compete with Visa, Mastercard, and the traditional banking system, with the U.S. dollar poised to be the biggest winner as stablecoins expand globally. By contrast, he described Bitcoin as “digital capital” focused on long-term value storage, competing with gold, real estate, public equities, ...

Michael Saylor, the founder and executive chairman of the software enterprise-turned-Bitcoin (BTC) treasury company MicroStrategy (NASDAQ: MSTR), is facing severe attacks from different quarters. Founded in 1989, MicroStrategy—later rebranded to Strategy—began accumulating Bitcoin in 2020 and even the ongoing crypto market crash hasn't deterred the company from purchasing BTC. In fact, it has doubled down on the long-running acquisition operations and bought 10,624 BTC last week despite the threat of bein ...

Core Viewpoint - Michael Saylor asserts that Bitcoin is digital gold and envisions a future where global credit is built on it [1] Group 1: Bitcoin Accumulation and Strategy - Strategy is acquiring nearly $500 million to $1 billion worth of Bitcoin weekly and has managed $60 billion in equities over the past 14 months, positioning itself as the fifth largest treasury in the S&P universe [2] - With the current pace of accumulation, Strategy is projected to become the largest treasury in about four to eight years [2] Group 2: Institutional Support and Credit Extension - The entire US cabinet, including President Donald Trump, along with financial and non-financial regulators, supports the idea of Bitcoin as a credit vehicle [3] - Major American banks, including previously skeptical institutions like JPMorgan and Bank of America, are now extending credit on Bitcoin and its derivatives [3] Group 3: Financial Innovations and Dividends - Strategy has created the world's first credit vehicle, generating $800 million in dividends with approximately 10% dividend rates through equity sales, Bitcoin commodities, or derivatives [4] - Saylor believes Bitcoin is a superior long-term investment compared to credit instruments, predicting a 30% annual increase over the next twenty years [5] Group 4: Digital Credit Concept - The concept of digital credit is based on digital capital, with Bitcoin being identified as the necessary commodity for public companies to capitalize on securities [7] - Saylor differentiates between capital and credit, illustrating that while capital requires time to yield returns, credit provides immediate cash flow [8]

RT Michael Saylor (@saylor)Yesterday at Bitcoin MENA, I presented my keynote on Digital Capital, Credit, Money, and Banking. https://t.co/BwkP9GYxVr ...

Yesterday at Bitcoin MENA, I presented my keynote on Digital Capital, Credit, Money, and Banking. https://t.co/BwkP9GYxVr ...

Core Insights - Bitcoin has gained significant attention due to its energy consumption surpassing that of the U.S. Navy and the combined infrastructure of Microsoft and Google [1][6]. Regulatory Environment - The shift in leadership under President Trump has fostered a pro-digital-asset regulatory environment, with key appointments of crypto-friendly officials [2][3]. - This new approach contrasts with previous administrations that discouraged banks from engaging in cryptocurrency services [3]. Banking Industry Transformation - Major banks, historically hostile towards cryptocurrencies, have reversed their stance, now offering active custody and lending services [4][5]. - Eight of the top ten banks are now involved in crypto lending, indicating a significant regulatory shift [5]. Bitcoin's Infrastructure and Impact - Bitcoin's energy consumption is reported at 24 gigawatts, equivalent to 24 nuclear reactors, surpassing the energy used by the U.S. Navy [6]. - The total computational power of Bitcoin exceeds that of the combined data center capacity of Microsoft and Google [6]. Bitcoin as Digital Finance Foundation - Bitcoin is positioned as the foundational layer for digital finance, providing global liquidity and broad custody access [7]. - The engaged user base of Bitcoin contributes to its economic footprint [7]. Corporate Holdings and Strategy - Strategy Inc. has accumulated approximately 650,000 BTC, aiming to surpass all S&P 500 treasuries in the future [8]. - The company raises capital between 6% and 12% to invest in Bitcoin, which is expected to outperform traditional assets [9]. Digital Credit Expansion - Strategy Inc. is expanding into digital credit products backed by Bitcoin, converting volatile capital into stable dollar-based payouts [10]. - The company has introduced innovative offerings such as Strife, Stride, and Stretch, with Stretch being described as the first variable-rate preferred equity product [11].

Strategy founder Michael Saylor rejected the premise that stablecoins pose a competitive threat to Bitcoin’s long-term trajectory, challenging ARK Invest CEO Cathie Wood’s recent downward revision of her 2030 price target from $1.5 million to $1.2 million. The debate erupted from a fundamental disagreement over whether the $308 billion stablecoin sector, which now accounts for 30% of crypto transaction volume, encroaches on Bitcoin’s use cases or operates in an entirely separate economic layer. Wood’s No ...

Core Viewpoint - Michael Saylor, Chair of Strategy (NASDAQ:MSTR), remains unfazed by short seller Jim Chanos' criticism and believes that skeptics do not understand the value of Bitcoin and digital assets [2][3]. Group 1: Company Performance - Strategy has built a significant business model over the past five years by issuing debt to purchase Bitcoin, serving as a proxy for investors seeking exposure to digital assets [3]. - As of November 2024, the premium of Strategy's stock to its net asset value (NAV) reached as high as three times, which Chanos deemed "ridiculous" [4]. - The stock of Strategy has fallen approximately 32% over the past year, while Bitcoin has increased by 38%, leading to a collapse of the company's multiple to NAV to 1.2 [6]. Group 2: Market Dynamics - Chanos has publicly criticized the sustainability of Strategy's premium to its Bitcoin holdings, arguing that the valuation claims made by Saylor are absurd [5]. - Chanos has closed his short position against Saylor, stating that the thesis of the trade has largely played out and expects the premium to continue compressing as Strategy issues more common equity [7].