Crypto evangelist Michael Saylor has transformed Strategy from a loss-making software company into the world’s largest corporate holder of bitcoin. The FT unpacks what some investors have dubbed Saylor’s ‘infinite money glitch’, and questions whether it can survive a crypto crash<\/p>\n
#michaelsaylor #Strategy #Bitcoin #Crypto<\/p>\n
00:00 – Introduction
\n02:24 – The FT stock-picking blunder
\n03:59 – The bitcoin proxy explained
\n06:23 – Trump-inspired bitcoin bull market
\n07:27 – Premium to net asset value explained
\n08:41 – Buying on the rip
\n10:45 – Accretion not dilution
\n12:34 – The infinite money glitch
\n14:55 – Reasons for and against bitcoin
\n17:53 – Tariff-inspired bitcoin dip
\n18:35 – FTX and the recovery
\n19:51 – Strategy’s long-term debt and liquidity
\n20:55 – New products, new money
\n23:01 – The leap of faith
\n26:04 – The upshot<\/p>\n
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See if you get the FT for free as a student (http:\/\/ft.com\/schoolsarefree<\/a>) or start a \u00a31 trial: https:\/\/subs.ft.com\/spa3_trial?segmentId=3d4ba81b-96bb-cef0-9ece-29efd6ef2132.<\/a><\/p>\n \u25ba Check out our Community tab for more stories: https:\/\/www.youtube.com\/<\/a>@FinancialTimes\/community Crypto evangelist Michael Saylor has transformed Strategy from a loss-making software company into the world’s largest corporate holder of bitcoin.<\/p>\n","protected":false},"author":1,"featured_media":78334,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[14],"tags":[],"class_list":["post-78317","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/nicheblog.top\/news\/wp-json\/wp\/v2\/posts\/78317","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nicheblog.top\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nicheblog.top\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nicheblog.top\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nicheblog.top\/news\/wp-json\/wp\/v2\/comments?post=78317"}],"version-history":[{"count":0,"href":"https:\/\/nicheblog.top\/news\/wp-json\/wp\/v2\/posts\/78317\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nicheblog.top\/news\/wp-json\/wp\/v2\/media\/78334"}],"wp:attachment":[{"href":"https:\/\/nicheblog.top\/news\/wp-json\/wp\/v2\/media?parent=78317"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nicheblog.top\/news\/wp-json\/wp\/v2\/categories?post=78317"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nicheblog.top\/news\/wp-json\/wp\/v2\/tags?post=78317"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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