MicroStrategy never ceases to surprise. While most companies adjust their cash reserves through cautious investments, the firm led by Michael Saylor continues to chart a radically different path. True to its “Bitcoin first” strategy, MicroStrategy has just announced a $2 billion fundraising round, largely intended for purchasing new BTC. This is not a mere financial operation: it is a manifesto. Behind this decision lies an ideological clash between two visions of the monetary world. And once again, MicroStrategy chooses its side unambiguously.
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Someone floated me the idea that Saylor aspires to turn Strategy into a bank. I can't make sense of how that would work exactly.