The experiment is failing. As

The experiment is failing. As Bitcoin breaks through to $80k, the effect on Strategy's coinbased treasury plan multiplies even more. For every dollar Bitcoin falls, MSTR falls $3/-. This is because MSTR has been buying Bitcoin with money it does not have. It's borrowed funds that will have to be repaid. And with interest / dividends. Ponzi.

Saylor: 'We Buy Real Bitcoin'

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As Bitcoin breaks through to $80k, the effect on Strategy's coinbased treasury plan multiplies even more. For every dollar Bitcoin falls, MSTR falls $3/-. This is because MSTR has been buying Bitcoin with money it does not have. It's borrowed funds that will have to be repaid. And with interest / dividends. Ponzi.</p></body></html>","htmlText":"<html><head></head><body><p>The experiment is failing. As Bitcoin breaks through to $80k, the effect on Strategy's coinbased treasury plan multiplies even more. For every dollar Bitcoin falls, MSTR falls $3/-. This is because MSTR has been buying Bitcoin with money it does not have. It's borrowed funds that will have to be repaid. And with interest / dividends. Ponzi.</p></body></html>","text":"The experiment is failing. As Bitcoin breaks through to $80k, the effect on Strategy's coinbased treasury plan multiplies even more. For every dollar Bitcoin falls, MSTR falls $3/-. This is because MSTR has been buying Bitcoin with money it does not have. It's borrowed funds that will have to be repaid. And with interest / dividends. Ponzi.","highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/527065932400112","repostId":2607037446,"repostType":2,"repost":{"id":"2607037446","kind":"highlight","pubTimestamp":1769639760,"share":"https://ttm.financial/m/news/2607037446?lang=en_US&edition=fundamental","pubTime":"2026-01-29 06:36","market":"other","language":"en","title":"Saylor: 'We Buy Real Bitcoin'","url":"https://stock-news.laohu8.com/highlight/detail?id=2607037446","media":"utoday","summary":"Strategy founder Michael Saylor recentlytook to the X social media network to clarify that the company actually buys real Bitcoin.The CEO asserts that MicroStrategy audits its custodians and rejects the dangerous practice of rehypothecation.In a fiery exchange on X, the MicroStrategy founder pushed back against concerns raised by cypherpunk and Casa co-founder Jameson Lopp.The debate began after Saylor announced MicroStrategy’s latest acquisition on Jan. 26. Asreported by U.Today, the company purchased a total of 2,932 BTC for $264 million. This brought the firm's total stack to a staggering 712,647 BTC following recent mammoth purchases.Despite the supply shock, Bitcoin's price action remained eerily stagnant. MicroStrategy bought nearly 4x the amount of Bitcoin mined globally in 2026 so far, but the price barely budged.Lopp then caused quite a stir on social media by implying that Strategy does not actually buy real Bitcoin.\"Does Strategy actually verify that their bitcoin only belon","content":"<div>\n<p>Strategy founder Michael Saylor recently took to the X social media network to clarify that the company actually buys real Bitcoin. The CEO asserts that MicroStrategy audits its custodians and rejects...</p>\n\n<a href=\"https://u.today/saylor-we-buy-real-bitcoin\">Source Link</a>\n\n</div>\n","source":"utodaynews_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Saylor: 'We Buy Real Bitcoin'</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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As reported by U.Today, the company purchased a total of 2,932 BTC for $264 million. This brought the firm's total stack to a staggering 712,647 BTC following recent mammoth purchases. Despite the supply shock, Bitcoin's price action remained eerily stagnant. MicroStrategy bought nearly 4x the amount of Bitcoin mined globally in 2026 so far, but the price barely budged. Lopp then caused quite a stir on social media by implying that Strategy does not actually buy real Bitcoin.\"Does Strategy actually verify that their bitcoin only belongs to them and isn't rehypothecated? I'm skeptical,\" he said. However, Saylor quickly took to X to reject this narrative. Rehypothecation, explainedMicroStrategy relies on third-party custodians (like Fidelity or Coinbase Prime). Lopp questioned how Saylor knows those custodians aren't lending out his massive stack to generate yield.Rehypothecation occurs when a bank or broker takes assets that belong to a client and uses them for their own purposes. 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