Michael Saylor (Parody)

J.P. Morgan Asset Management’s base case projects Bitcoin to outperform U.S. stocks, bonds and gold over the next decade. Wall Street is doing the math.

It's going up forever, Laura.

Just another day at the office.

Strategy has repurchased $193M of $STRC and acquired 267 $BTC. As of 10/18/26, we hold 848,517 BTC and $5.3B of USD Assets. We have also increased the size of our Digital Credit Securities Repurchase Program from $2.0B to $3.0B. $MSTR https://www.strategy.com/press/strategy-repurchases-193-million-of-strc-acquires-267-btc-and-increases-digital-credit-securities-repurchase-program-to-3-billion_10-19-2026

We found room for more orange.

Their first mistake was letting me talk.

At the ParaFi Investor Day this week, I presented an overview of digital capital, credit and equity, and then joined Jeff Park (@dgt10011) for a fireside chat on digital assets, digital intelligence, and the future of finance.

01:23 – Bitcoin as Digital Capital: bull market tailwinds and scarcity in the AI era
05:05 – CLARITY, regulatory tailwinds, and Bitcoin banking adoption
06:06 – Reinventing gold-backed credit with $STRC
10:10 – Returning $STRC to par: USD Reserve, buybacks, and investor feedback
17:24 – Amplifying Bitcoin Per Share and Strategy’s triple flywheel
21:06 – From quarterly to daily dividends: liquidity and volatility
25:42 – Digital Money: the vision for a Bitcoin-backed stablecoin
29:11 – Digital Credit adoption and the path to institutional acceptance
34:12 – Beyond Bitcoin: digital currencies, derivatives, exchanges, and regulation
38:51 – Advice to founders: build a magic product in the AI era

Addressing the bear case.

Just getting my steps in.

The future of Bitcoin is the future of finance.

This morning at the World Bank, I joined Chris Brummer, Founder & CEO of The Fintech Foundation, for a 25-minute fireside chat at DC Fintech Week. @fintechthinksdc

00:52 - Strategy as a reserve institution built on Digital Capital, Digital Credit, and Digital Equity
01:32 - Bitcoin as Digital Gold, Digital Capital, and the foundation for a new financial system
03:19 - Strategy as a private central bank for the crypto economy
06:54 - Manufacturing Digital Credit backed by USD reserves and Bitcoin
08:08 - Return of capital, tax-deferred dividends, and scalable fixed income
09:17 - How Digital Credit amplifies Bitcoin per share for $MSTR equity holders
12:17 - Bitcoin headwinds and tailwinds: policy, liquidity, bank adoption, and AI capital flows
13:12 - Bitcoin-backed bank credit and the impact of $10B in new lending
16:20 - The triple reflexive flywheel: Bitcoin price, reserves, credit risk, and equity premiums
18:25 - Quantum risk, AI hacking, and why Bitcoin can upgrade when consensus forms

Strive is turning demand for digital equity ($ASST) and digital credit ($SATA) into demand for Bitcoin. Its hypergrowth shows how the capital markets are accelerating Bitcoin adoption.

Strategy has acquired 250 $BTC and repurchased $192M of $STRC. As of 10/11/26, we hold 848,250 BTC and $5.5B of USD Assets. $MSTR https://www.strategy.com/press/strategy-acquires-250-btc-and-repurchases-192-million-of-strc_10-12-2026