Part 4
Corporate Bitcoin Treasury Strategies
Chapter 12
The Strategy Playbook
Strategy (formerly MicroStrategy) turned the speculative attack into a capital-markets program.
Bitcoin-backed credit instruments
Jeff Walton explains convertible notes, preferred shares and the “credit gold rush” around treasury companies.
Sources in this chapter
Why it's included
Bitcoin-backed credit as a new fixed-income asset class.
Chapters
VerifiedRelated commentary
Strategy (formerly MicroStrategy) turned the speculative attack into a capital-markets program.
Why it's included
Which treasury companies survive a downturn, and why.
Chapters
Pending checkRelated commentary
Strategy (formerly MicroStrategy) turned the speculative attack into a capital-markets program.
Why it's included
A detailed model of Strategy's capital structure.
Chapters
VerifiedRelated commentary
Strategy (formerly MicroStrategy) turned the speculative attack into a capital-markets program.