You need to understand how Saylor managed to buy more Bitcoin than most people could dream of having — and how to accumulate like him. Learning about a Treasury Company in 2025 reminds me of Bitcoin a few years ago. People think they don't like it, but in reality, THEY DIDN'T UNDERSTAND ANYTHING!

And when they start to understand "why not just buy Bitcoin directly"... they are SHOCKED!

In practice, treasuries have two premises:

• Fiat goes to zero (or close to it in the long term);
• BTC goes to infinity (or close to it in the long term).

I imagine you share this premise, right?

With that in mind, he borrows in weak currency, with conditions IMPOSSIBLE for me and for you, and buys Bitcoin at levels IMPOSSIBLE for me and for you.

And, for all shareholders, they provide value: accumulating more and more Bitcoins per share.

Imagine the scenario:

Day 1 | Day 1 | 1 share = 0.1 BTC = 10,000 USD
Day 2 | 1 share = 0.11 BTC = 7,300 USD
Day 100 | 1 share = 0.2 BTC = 5,300 USD
Day 500 | 1 share = 0.5 BTC = 120,000 USD

But the goal of treasuries is not to accumulate fiat. It's to accumulate Bitcoin — what we call Bitcoin per share (BPS).

In practice, Saylor

discovered (and is exploiting) a bug in the traditional financial market.

He found a way to accumulate Bitcoin that we can't.

And this doesn't mean you shouldn't have Bitcoins in self-custody. But it can mean, for you — and for me — a way to increase a portion of our Bitcoin position at a... slightly faster rate!