Exchanges· ★★★· bullish·

Saylor details Strategy's 'triple flywheel': sell credit, buy Bitcoin

  • —Tokenized MSTR and STRC hit $475 million, up 3,467% over the past year
  • —Split: $204 million on Ethereum, $118 million on BNB Chain, $80 million on Solana
  • —Strategy's daily trading volume reached $2.90 billion, outpacing all of TradFi
  • —From Sept 14 to Oct 18, Strategy spent $888 million on preferred buybacks vs $290 million on BTC
Why it matters: The model hinges on the stock premium and credit demand; a narrowing premium or higher rates would slow Bitcoin accumulation.
Source: AMBCrypto