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Chronicles

The story behind the story

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A look at Michael Saylor's Strategy, known for buying bitcoin via creative financing strategies, as its stock trades way below its peak amid the crypto downturn

Had you glanced too quickly at the crowd packed into Michael Saylor's Tuscan-style Miami compound, you might have assumed it was just another rich dude's party.

New York Times Rob Copeland

Discussion

  • @somershade Chris Dwan on bluesky
    Occasional reminder that Bitcoin and other cryptocurrencies have no fundamental value, are not backed by anything tangible, and are mostly useful for running scams like the one described in this article.  —  www.nytimes.com/2026/01/16/b...
  • @jessefelder Jesse Felder on bluesky
    'The man who told everyone never to sell Bitcoin may do just that to meet loan obligations.  Strategy has begun to borrow not to buy more crypto but to stash billions in dollars, the equivalent of Heinz's saying it's beginning to see the merits in Hunt's ketchup.' www.nytimes.com…
  • r/Buttcoin r on reddit
    Michael Saylor's Creative Bitcoin Strategy Isn't Working (Gift Article)
  • r/MSTR r on reddit
    The New York Times: “Michael Saylor's Creative Bitcoin Strategy Isn't Working”
  • @tonytassell Tony Tassell on bluesky
    late to this NYTimes profile of Michael Saylor including this anecdote www.nytimes.com/2026/01/16/b...  [image]