Michael Saylor Clashes With Podcast Host While Defending $100B Bitcoin Treasury Boom
On Jan. 12, Strategy founder Michael Saylor sharply rejected doubts about the corporate Bitcoin treasury model during an exchange on the What Bitcoin Did podcast. He dismissed concerns over more than 200 companies using equity and debt issuance to buy Bitcoin, even as many trade below the value of their holdings and some stocks have dropped by up to 99%. Strategy has raised over $50 billion via securities offerings to amass about 687,000 BTC, while critics question whether such treasury-focused business models can endure prolonged market downturns.