Michael Anderson (@michaelanderson)
Tom Lee: MicroStrategy's Bitcoin Treasury Strategy Has Been a "Resounding Success"
Tom Lee said MicroStrategy's ($MSTR) Bitcoin ($BTC) treasury strategy has been a resounding success, noting the stock has not just tracked Bitcoin but has outperformed both Bitcoin and the broader market since Michael Saylor launched the strategy.
Lee said the strategy has evolved into digital credit, using volatility to connect Bitcoin with capital markets and convert part of the position into yield.