Michael Saylor, founder of Strategy, has faced criticism for describing MSTR as 'digital treasuries' in a recent tweet. Protos reports that while Saylor's presentation clarifies the company itself is a digital asset treasury, the claim is misleading since MSTR shareholders do not own the company's Bitcoin holdings. SEC filings confirm that owning MSTR securities does not equate to owning its BTC.
Furthermore, Saylor's description of MSTR as 'amplified BTC' is under scrutiny. The company's performance has lagged behind Bitcoin since February 2024, raising questions about the accuracy of his statements.
Michael Saylor's 'Digital Treasuries' Claim Criticized as Misleading
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