Magical #MSTR : Inversion of #Speculator to #Investor
Published: January 29, 2026
Duration: 37:02
STRC course on youtube
Research Source
Mosaic
This episode examines the corporate evolution of Strategy Inc. during a misunderstood "lost year" to argue that nominal stock price declines mask a period of significant structural growth. By redefining the company as a "Bitcoin Refinery," the author illustrates how the firm uses traditional capital markets to aggressively expand its Bitcoin-per-share (BPS), which increased by over 23% even as market capitalization fell. The narrative contrasts this model with traditional equities by emphasizing radical transparency and the scarcity arbitrage gained from holding a massive, non-replicable treasure chest of digital a...