In a recent Keynote delivered to the Mit Bitcoin Expo, Phong Le, CEO of Strategy (Nasdaq: Mstr), has made a bold case for Bitcoin as the main component of the modern strategy of the corporate treasure. With over 528,000 BTCs in its budget, the strategy has become the most visible company – and probably the most successful – the public company to adopt Bitcoin as a primary reserve activities.
“We surmounted the entire Nasdaq, the entire S&P 500, the whole May Seven … and we overlap Bitcoin”, He told them to the public.
While the president of the strategy Michael Saylor laid the philosophical foundations for the company use of Bitcoin use since 2020, the Keynote of Le led home the executive and financial results. The speech, which was in part challenge and partly the case of study, urged the company leaders to question everything, from their education to their financial hypotheses and reinvent their budget in the Bitcoin era.
Companies do not perform and Bitcoin offers a way out
The first day of the Mit Bitcoin Expo opened them with a breakage of the problem of America’s performance. Of the 35 million companies in the United States, only the best S&P 500 level companies – are in a meeting of market expectations. The rest is stagnant. “Almost every other company does not perform”, He said.
He pointed his finger at the rooted financial orthodoxy. MBA programs, elite consultancy and Wall Street companies continue to teach the same playbook: to optimize the income statement, reinvest in traditional activities and stick to quarterly thought. The result is systemic submarine. “Everything they can do is the S&P 500”, He said, noting also private equity, risk capital and hedge funds rarely beat that point of reference.
The thesis of Le: it is not a lack of talent: it is a lack of imagination.
Bitcoin PlayBook of Strategy: from the cash drag to digital capital
What distinguished the strategy, argued was her decision to treat the budget as a strategic, rather than passive asset. While most companies park in cash in government bonds or low -performance goods such as gold, the strategy has chosen Bitcoin.
“Why, if you are a company, would you not do the same thing? Make money from your budget. It makes sense.”
He stressed that Bitcoin offers not only a return potential, but structural advantages: he exchanges 24 hours a day, 7 days a week, is not subject to central bank policy and provides the companies with immediate global liquidity. On the contrary, the traditional capital markets operate “252 days a year, 6.5 hours a day – 19% of the time.”
The strategy embraced him completely, updating his bitcoin reserves in real time. “We show our results every day. In fact, we update them every fifteen seconds on our website”, He said.
Rethink accounting in a Bitcoin world
One of the major challenges for companies that adopt Bitcoin is the discrepancy between traditional accounting rules and a 24/7 resource. Current standards were built for quarterly earnings and financial instruments in slowing down, not digital activities exchanged in real time and exchanged globally.
As Phong Le said: “Accounting policies are updated every five years, five years. Accounting policies do not work for Bitcoin.”
Under Gaap, Bitcoin is treated as an immaterial activity, marked when prices go down, but did not adapt upwards when they rise – creating a distorted vision of financial health.
To fill this gap, the strategy has adopted a more transparent approach. “We show our results every day. In fact, we update them every fifteen seconds on our website”, He said. This real -time reporting reflects the always active nature of bitcoin and the signals on the market that the strategy is playing with a different and faster surrender.
Instead of waiting for the institutions to come to the step, the strategy is setting the standard for measuring the performance of the Bitcoin Treasury companies.
Because Mstr shares have become the most observed in the US market
Since he adopted his strategy of the Bitcoin Treasury, Mstr actions have become “The most performing, the most volatile, the highest volume and the most interesting stocks in the United States”, According to the. His performance has constantly exceeded the traditional reference parameters, not only because Bitcoin appreciated, but because the strategy was based on his identity as a Bitcoin native public company.
And it’s not alone. The growing list of companies that replicate the model: Metaplanet, Semer Scientific and Kull Technology Group, which overperformed the S&P 500 and Bitcoin after having adopted similar treasure strategies, highlighted her. “This is a replicable strategy”, He said. “All the others should do it.”
Break the mold: a company call to courage
The closed challenging managers and investors to question conventional wisdom. The success of the strategy did not come from following the crowd: it came from rejecting it.
“It takes courage. It takes an original thought. It takes independent thought. It takes courage. It takes Bitcoin.”
As the first public company to transform Bitcoin into a milestone of its budget, the strategy – in the vision of Michael Saylor and in the leadership of Phong Le – has redefined what is possible in corporate finance.
Or, as the: “Bitcoin allows companies to find freedom from the average.”
Disclaimer: This content was written on behalf of Bitcoin for companies. This article is intended exclusively for information purposes and should not be interpreted as an invitation or a solicitation to acquire, purchase or register for the securities.