‘We sell the credit, we buy the Bitcoin’: Saylor’s triple flywheel in his own words

Michael Saylor’s Strategy’s common and preferred stock, MSTR and STRC, have reportedly reached a combined market capitalization of $475 million, up 3,467% over the past year. According to Token Terminal data, these blockchain-based tokens provide investors with digital exposure to Strategy’s securities, with $204 million on Ethereum, $118 million on BNB Chain, and $80 million on Solana. This comes as Strategy's daily trading volume has outpaced the entire TradFi industry. Is Bitcoin a driving factor? Explaining the reason behind these surges, Saylor argued how rising Bitcoin [BTC] prices are acting as a catalyst strengthening the company’s balance sheet and described this momentum as a “triple flywheel.” He added, We sell the credit. We buy the bitcoin. We drive up the price of the bitcoin.

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