《Bonnie Blockchain》interviewed MicroStrategy founder Michael Saylor at the New York Digital Assets Summit (DAS), where he shared how he found life's direction from the Bit community during the darkest moments of the pandemic. He not only discussed how Bit saved his company but also boldly predicted that the United States is ushering in a "digital asset revolution" and will become the global digital asset leader. From interactions with the White House, the Treasury's shift, to innovative applications of Bit ETFs, this conversation covered macropolicies, industry future, and his personal belief transformation.
Table of Contents
ToggleFrom Lost to Awakened: The Power of Bit Changing Life
Saylor candidly admitted that during the 2020 pandemic lockdown, he felt hopeless, his work stagnated, his company couldn't grow, and he was physically and mentally exhausted. It was then that he encountered the Bit community. "It saved my company and gave me a reason to wake up," he said. "I was about to retire, but Bit helped me find my meaning of existence."
[The rest of the text follows the same translation approach]Financial Innovation: Bitcoin Convertible Bonds and BMAX ETF
Saylor explains how MicroStrategy uses convertible corporate bonds to incorporate Bitcoin into its capital structure, enabling the company to complete fundraising and deployment in a short time. He believes this strategy is more efficient than the traditional, slow investment cycle of enterprises.
This strategy further evolves into an ETF, with a fund called REX Bitcoin Corporate Treasury Convertible Bond ETF (BMAX), whose investment objective is to provide total returns by investing in convertible bonds issued by companies holding Bitcoin. Saylor believes that BMAX ETF is designed to solve the problem of hard-to-reach convertible bond markets, allowing retail and institutional investors to participate. "This is an important step in making the 144A bond market transparent and accessible."
Will the US Be the Bitcoin Leader? The Digital Currency Arms Race of Superpowers
Saylor predicts that future superpowers will establish their digital economic systems through Bitcoin. AI, robots, and autonomous vehicles need frictionless, instant-settlement assets, and "Bitcoin is the only suitable infrastructure."
He believes that the US, leading in political and economic strength and regulatory transparency, will attract global capital and innovators. "This is no longer a small game in a gray area, but a large-scale, legitimate transformation."
Strategic Naming: From MicroStrategy to Strategy's Brand Transformation
Saylor discusses the company's name change from MicroStrategy to Strategy, mentioning the necessity of simplifying the brand and removing historical baggage. "Strategy is a word everyone can spell, and it represents the key to victory."
Bitcoin is the "Shared Belief" of This Generation
Saylor concludes with an emotional and philosophical tone: "Bitcoin is the only bet we can all win."
He describes the Bitcoin community as a global team, where everyone is both a fan and a player, supporting each other and moving forward together. "In this chaotic world, Bitcoin is the exit to order. This is a meaningful battle, and we win together."
Risk Warning
Cryptocurrency investment carries high risks, and its price may fluctuate dramatically. You may lose all of your principal. Please carefully assess the risks.
