Key Takeaways Strategy argues bitcoin could anchor a broader digital capital market. Direct BTC, funds, and corporate securities carry different risks. Scarcity supports the thesis, while demand and adoption shape value. Strategy Positions Bitcoin as Global Reserve Capital Michael Saylor, executive chairman of Strategy Inc. (Nasdaq: MSTR), promoted the company’s bitcoin investor guide on X on Sept. 12, emphasizing BTC’s potential role as a global reserve asset. The thesis positions bitcoin as an asset that could attract wealth now held in traditional markets. The company’s 21-page bitcoin investment framework, revised Sept. 7, examines how a supply capped at 21 million …


