
Title: Saylor Says BTC Treasury Companies Can Grow as Fast as They Can Issue Credit and Buy Bitcoin
In a recent statement at the BTC Prague conference, Strategy co-founder Michael Saylor highlighted the exponential growth potential of BTC treasury companies. According to him, these businesses can expand as rapidly as they issue equity and purchase Bitcoin.
The concept of Bitcoin treasury companies has gained popularity in recent months, with major corporations like Coinbase and Trump Media Technology Group announcing plans or considering the launch of such ventures. To illustrate his point, Saylor used an example involving a dentist who buys $200,000 worth of BTC annually for 20 years. In this scenario, the dentist would have acquired around $2 million in Bitcoin over that period.
However, Saylor emphasized that public corporations can acquire and purchase significant amounts of Bitcoin at an exponentially faster rate than individuals. He explained that companies can issue credit through convertible bonds, junk bonds, or preferred stocks to finance their Bitcoin purchases. This allows them to buy large quantities of cryptocurrency every month, becoming immediately profitable and enabling the issuance of securities.
Saylor believes that this business model will revolutionize the equity and capital markets by transitioning them from a cash-based system to a Bitcoin-based one.
Source: cryptoslate.com