Michael Saylor’s Crypto Machine Stacks a New Layer of Leverage

The borrow-to-buy-Bitcoin model pioneered by Michael Saylor’s Strategy Inc. has spawned yet another web of startups tied to its fortunes — all of them exposed if Bitcoin falls.

By Melos Ambaye · Bloomberg Markets

The borrow-to-buy-Bitcoin model pioneered by Michael Saylor’s Strategy Inc. has spawned yet another web of startups tied to its fortunes — all of them exposed if Bitcoin falls.