Michael Saylor’s Bitcoin Strategy Might Be the Biggest Loop Trade in Crypto

Описание: Michael Saylor and Strategy have become the poster child for the corporate Bitcoin treasury trade: sell shares, raise debt, buy Bitcoin, repeat.

But what actually happens if Bitcoin stops going up? And why would someone buy Strategy stock instead of just buying a Bitcoin ETF?

In this clip, we break down the basic mechanics behind the Strategy trade, why it looks genius when the stock trades at a premium to its Bitcoin holdings, and why the whole thing starts to get weird if that premium disappears.

Is it a brilliant TradFi/DeFi-style loop? A leveraged Bitcoin arbitrage? A meme-stock-fueled treasury play? Or just an ETF with more moving parts and a lot more risk?

Not financial advice. Just two traders trying to figure out whether the “infinite Bitcoin machine” actually works once the music slows down.