Strategy's Bitcoin Position Unmatched, Says Economist

Economist Saifedean Ammous says Strategy's massive Bitcoin position is a unique and sound business model, one that few companies can replicate.

Strategy, a publicly traded company, holds the largest Bitcoin position of any public company, which gives it the lowest borrowing rates in the space.

Ammous drew a sharp line between Strategy's approach and borrowing against a Bitcoin stack to fund further purchases, a model he argues only Strategy can pull off safely.

Ammous isn't recommending Strategy's stock, but says there's 'really only Michael Saylor' who can do this.