• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Michael Saylor's Bitcoin Empire Grows Bigger

user avatar

by Giorgi Kostiuk

5 hours ago


Michael Saylor built a Bitcoin empire while traditional firms struggled with debt. His company, Strategy, became a corporate Bitcoin vault through the use of convertible bonds.

Saylor Leads the Convertible Bond Rush

Michael Saylor used convertible bonds to raise $9 billion, making Strategy the largest issuer of this type of debt in recent years. Other crypto firms noticed the results and followed suit, raising billions through the same model. A convertible bond starts as a low-interest loan. If the company’s stock price jumps, the bonds convert into shares, offering investors a chance at higher returns. However, for regular investors, these bonds come with credit risk—if a company can’t meet its debt obligations, bondholders take the hit.

Expansion of Bitcoin Investment Products

The launch of BMAX is part of a growing wave of Bitcoin-focused investment products. More than 70 public companies now hold over $60 billion in Bitcoin, with Strategy controlling $40 billion of that total. Demand for exposure to these firms led to leveraged ETFs like MSTX and MSTU, offering 2x daily returns on Strategy’s stock. Analysts warn of a feedback loop in the model: investing in Strategy-linked ETFs boosts the stock price, allowing more funds to be raised to buy more Bitcoin.

Challenges in Traditional Markets

While Bitcoin-based investment vehicles gain traction, traditional markets are in trouble. Stocks fell sharply on Thursday due to Trump’s trade war concerns. The S&P 500 dropped 1.39%, and the Dow Jones lost 537 points. Tariff wars add unpredictability and negatively impact stock markets. Even positive inflation data couldn’t stop the selloff as fears over Trump’s trade policies outweighed everything else.

Michael Saylor continues to lead the corporate Bitcoin investment sphere, while traditional markets face challenges due to economic uncertainty.

0

Share

Other news

Sonic and FloppyPepe (FPPE) Prices: A Look at Current Trends

Sonic and FloppyPepe (FPPE) draw attention as they gear up for a potential crypto bull run. Explore what's happening.

user avatarGiorgi Kostiuk

8 minutes ago

Fibonacci and Market Cycles Define Ethereum's Path

Analysis of Ethereum's support and resistance levels. Support at $1,850 is critical for price growth.

user avatarGiorgi Kostiuk

16 minutes ago

Chainlink Increases Circulation by 19 Million LINK

Chainlink added 19 million LINK to circulation, causing a 5% price drop.

user avatarGiorgi Kostiuk

16 minutes ago

Trump's Deregulation: A Path to Economic Prosperity

Trump announces deregulatory measures aimed at boosting the U.S. economy.

user avatarGiorgi Kostiuk

17 minutes ago

XLM's Surge: Coin Shows Resilient Growth Amid Market Volatility

XLM surges over 14%, showing investor confidence despite recent market challenges.

user avatarGiorgi Kostiuk

17 minutes ago

Tokenization: How It Will Change Financial Markets

Mike Novogratz argues tokenizing assets will become significant, as BlackRock's BUIDL fund hits $1 billion.

user avatarGiorgi Kostiuk

27 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.