Strategy's Saylor Defines Bitcoin in Just 2 Words

Key Points

1. Michael Saylor's company, Strategy, converted $2.521 billion from a preferred stock offering into 21,021 BTC at an average cost of $117,256 per coin.

2. Saylor describes Bitcoin as 'Digital Energy,' positioning it as a fundamental infrastructure asset rather than a speculative investment.

3. The market price of Bitcoin remains below Saylor's purchase price, highlighting his long-term commitment despite short-term volatility.

4. Ethereum is contrasted with Bitcoin, with Ethereum focusing on utility and programmability, while Bitcoin is framed as a foundational layer.

5. Saylor's consistent stance on Bitcoin contrasts with the market's shifting narratives, reinforcing his strong belief in Bitcoin's value proposition.