Part 1/5:

The Rise of Bitcoin-Backed Corporate Finance

The Pioneering Strategies of MicroStrategy and Others

The Corporate Treasury Strategy for Bitcoin

The corporate treasury strategy for Bitcoin has evolved significantly over the past few years. Back in August 2020, MicroStrategy's Michael Saylor first announced the company's decision to put its cash reserves into Bitcoin, viewing it as the "fastest horse" and "digital gold."

However, the Playbook has become much more advanced and well-oiled since those early days. MicroStrategy has rebranded itself as a "Bitcoin Treasury Company," with a novel strategy that goes far beyond simply holding Bitcoin on the balance sheet.

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