Strategy Inc. (NASDAQ:MSTR) is down over 3% on Wednesday, extending losses as investors shrugged off Michael Saylor's bold digital finance vision and sold into weakness near the $250–$260 resistance zone.Saylor Redefines Digital FinanceAt Cantor Crypto 2025, Michael Saylor called 2025 a pivotal year for digital assets and corporate capital models. He said Bitcoin (CRYPTO: BTC) has evolved from "digital gold" to "digital capital," powering a new financial system built on programmable money.Saylor also highli ...

Core Insights - Strategy (NASDAQ:MSTR) has become the first Bitcoin-focused company to receive an S&P credit rating, specifically a B- rating, indicating a significant step towards institutional Bitcoin adoption [1] - The company has launched four structured products, named Strike, Strife, Stride, and Stretch, which offer yields ranging from 8% to 12.5% with different risk profiles [2] - These structured products are tax-efficient, allowing dividends to be treated as a return of capital, enabling investors to defer taxes for up to 10 years, resulting in tax-equivalent yields of 16% to 20% [3] - Long-term Bitcoin price targets set by Saylor include $150,000 by the end of 2025, $1 million within four to eight years, and $20 million over two decades, suggesting an annualized growth rate of approximately 30% [4] - Major U.S. banks, including JPMorgan and Bank of America, are beginning to accept Bitcoin as collateral and may offer Bitcoin custody services by 2026 [5] - Saylor anticipates 2025 to be a pivotal year for the crypto industry, praising pro-crypto policies that support Bitcoin, tokenization, and stablecoins [6] - The Bitcoin treasury model, initially unique to Strategy, is now being adopted by over 250 firms, with expectations for thousands more to follow, akin to early internet adoption [6]

I'm here with the executive chairman of Strategy, Michael Sailor. Thank you so much for joining us. >> Happy to be here.>> Michael, this is your first interview since the S&P granted its very first rating to a Bitcoin focused company. Is that correct. >> That's correct.>> So, tell me about this announcement, what the significance is to the industry. >> Well, the news just came out today. S&P put out a press release that they've granted uh for the first time to a Bitcoin treasury company a credit rating.So, ...

Core Viewpoint - Bitcoin's recent price stability is interpreted as a sign of strength, indicating a consolidation phase in the market as long-term holders sell portions of their holdings while institutions prepare for larger investments [1][2]. Market Dynamics - The current market environment sees early adopters selling modest amounts of Bitcoin to meet real-world needs, such as housing and tuition, which is likened to employees of a high-growth startup liquidating stock options [2][3]. - Bitcoin's price has increased by 99% over the past year, and the reduction in volatility is viewed positively [2]. Institutional Adoption - Concerns regarding Bitcoin's lack of cash flows are dismissed, with the argument that many valuable assets, such as land and gold, also lack income streams [3][4]. - The company aims to reengineer credit markets by using Bitcoin as collateral, moving beyond the traditional store-of-value narrative [5]. Financial Products - Strategy has developed a suite of preferred-stock products designed to provide yields of up to 12%, heavily over-collateralized with Bitcoin, thereby giving Bitcoin cash-flow-like qualities [6]. - This approach is intended to broaden institutional adoption and attract more capital into the Bitcoin ecosystem [6]. S&P 500 Inclusion - The firm has recently become eligible for inclusion in the S&P 500 due to changes in accounting rules, with expectations for eventual inclusion as the market becomes more comfortable with the Bitcoin treasury model [7].