Strategy's Bitcoin Treasury Model Unmatched, Says Economist
Economist Saifedean Ammous believes Strategy's (NASDAQ:MSTR) Bitcoin treasury model may be impossible for other companies to replicate.
Strategy holds the largest Bitcoin position of any public company, with borrowing rates that are lower due to its size. Even during severe price drops, including a 77% crash in 2021 and last year's decline, Strategy didn't trigger a liquidation.
Ammous says only Michael Saylor can safely execute this strategy, citing the difficulty of replicating Strategy's low borrowing rates.