‘We sell the credit, we buy the Bitcoin’: Saylor’s triple flywheel in his own words

Michael Saylor’s Strategy’s common and preferred stock, MSTR and STRC, have reportedly reached a combined market capitalization of $475 million, up 3,467% over the past year. According to Token Terminal data, these blockchain-based tokens provide investors with digital exposure to Strategy’s securities, with $204 million on Ethereum, $118 million on BNB Chain, and $80 million on Solana. This comes as Strategy's daily trading volume has outpaced the entire TradFi industry. Is Bitcoin a driving factor?