Michael Saylor Defends Bitcoin Treasuries as Smart Capital Allocation

[etfs]

Michael Saylor pushed back against critics of Bitcoin treasury companies during an appearance on the What Bitcoin Did, arguing that allocating excess corporate cash to Bitcoin is a rational capital decision. He said companies are often better off holding BTC than parking funds in low-yield Treasurys or returning capital to shareholders through buybacks.

Saylor compared corporate treasury management to individual investing, noting that different entities have different risk tolerances, but the logic of holding Bitcoin doesn’t depend on company size or sector. In his view, Bitcoin offers a materially different risk-reward profile that can strengthen balance sheets over time, especially in an inflationary or low-yield environment.

[cryptohog]

saylor treating btc like corporate savings tech instead of a trade is kinda consistent at least