Michael Saylor’s Bitcoin thesis: Money or commodity?

Dec 20, 2025 - 12:00
Michael Saylor’s Bitcoin thesis: Money or commodity?
Satoshi Nakamoto’s Bitcoin white paper envisioned a “peer-to-peer electronic cash system,” but Bitcoin’s biggest proponent seems to have an entirely different view of its purpose. Strategy executive chairman Michael Saylor, whose company has been buying Bitcoin aggressively for nearly five years since adopting a Bitcoin (BTC) treasury strategy, presented what many described as plans for...

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