Michael Saylor, executive chairman of Strategy, a software firm with a Bitcoin-backed treasury approach, has reassured investors, denying reports that the company is selling its Bitcoin holdings.
Key Points
- Michael Saylor, executive chairman of Strategy, a software firm with a Bitcoin-backed treasury approach, has reassured investors, denying reports that the company is selling its Bitcoin holdings
- βStrategy is not a fund, not a trust, and not a holding company
- Weβre a publicly traded operating company with a $500 million software business and a unique treasury strategy that uses Bitcoin as productive capital,β Saylor wrote in an X post
In response to JPMorganβs warning that an upcoming MSCI decision could remove MSTR, Strategyβs stock, from key equity indices and potentially increase volatility, Saylor addressed investor concerns, reaffirming the companyβs standing within the MSCI framework.
βStrategy is not a fund, not a trust, and not a holding company. Weβre a publicly traded operating company with a $500 million software business and a unique treasury strategy that uses Bitcoin as productive capital,β Saylor wrote in an X post.
Furthermore, Saylor emphasized that, unlike funds and trusts, which passively hold assets, Strategy actively designs, structures, and issues products, positioning itself as a novel Bitcoin-backed structured finance firm. He highlighted the companyβs five completed public offerings of digital credit securities, STRK, STRF, STRD, STRC, and STRE, totaling over $7.7 billion in notional value.
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Saylor further noted that while funds and trusts passively hold assets and holding companies simply sit on investments, Strategy actively creates, structures, issues, and operates its products. He described the company as building a βnew kind of enterprise,β a Bitcoin-backed structured finance firm capable of innovating across both capital markets and software, and asserted that no passive vehicle or holding company could replicate what Strategy has accomplished.
βIndex classification doesn’t define us,β Saylor wrote. βOur strategy is long-term, our conviction in Bitcoin is unwavering, and our mission remains unchanged: to build the worldβs first digital monetary institution on a foundation of sound money and financial innovation,β he added.
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Despite the recent market turbulence and investor concerns, Strategy remains committed to its long-term vision of integrating Bitcoin into its operational and financial framework.
While share price fluctuations continue to draw attention, Strategyβs focus on developing new financial products and leveraging Bitcoin as productive capital emphasizes its ambition to redefine how enterprises can operate in both traditional and crypto markets. Observers say the companyβs next steps will be closely watched by both investors and industry peers alike.
