Deep Tide TechFlow reported on September 30 that Michael Saylor published another lengthy post stating that he hopes every well-run issuer of Bitcoin “digital credit” will succeed. Currently, Strategy and Strive are building their businesses around the same financial foundation: Bitcoin is “digital capital,” STRC and SATA are “digital credit,” while MSTR and ASST are “digital equity.” Although the companies issue different securities, target different investors, and maintain independent decision-making, more responsible issuers can bring new investors, capital, and capabilities to the Bitcoin economy. The overall market opportunity is far greater than competing for the funds of a single investor.Michael Saylor further summarized the industry opportunity into three “amplifiers”: the appreciation of digital capital, the adoption of digital credit, and the market recognition of digital equity. Bitcoin is the common capital foundation. As more companies purchase Bitcoin through financing and drive market adoption, changes in Bitcoin’s price and asset value could benefit all treasury companies holding Bitcoin. Meanwhile, more digital credit products can help investors develop an understanding of these types of assets while improving liquidity, financing terms, and market confidence.#btc
