Saylor’s Podcast Blowup Reignites the Bitcoin Treasury Debate
Michael Saylor is back in the spotlight — and this time, it’s for a fiery exchange that’s getting the crypto community talking.
On a recent episode of What Bitcoin Did, Saylor bristled at a question about whether the growing number of Bitcoin treasuries can realistically sustain a strategy that relies on issuing debt to buy BTC. He shot back, calling the premise “ignorant and offensive,” and doubled down on the idea that corporate Bitcoin adoption is not only rational, but inevitable.
The conversation comes at a delicate moment. Many treasury-style companies are struggling, with several trading at steep discounts and a few watching their stock prices tumble more than 90%. Yet Saylor maintains that companies — profitable or not — are better off holding Bitcoin and insists there’s massive room for growth.
Love him or disagree with him, Saylor has once again put the spotlight on one of the most controversial trends in corporate finance: the leveraged Bitcoin treasury trade. And judging by the reactions, this debate is far from over.
