Michael Saylor doesn’t believe BTC is digital money
Michael Saylor has a new definition of digital money, and it is not BTC. Conveniently, it’s also a sales pitch for STRC.
Michael Saylor has a new definition of digital money, and it is not BTC. Conveniently, it’s also a sales pitch for STRC.
Strategy bought a lot of BTC last week, but shareholders still have less per share now than a couple of months ago.
The colloquial metric of investor confidence in Strategy, its multiple-to-Net Asset Value or mNAV, has fallen to 1x its BTC holdings.
Over the past two years, the dominant narratives that investors tell about BTC company Strategy have changed over a dozen times.
Michael Saylor thinks that an upcoming quantum hard fork could reduce the supply of BTC from 21M to as low as 16M.