Tech billionaires Peter Thiel and Michael Saylor are making waves in the cryptocurrency space with their respective treasury strategies. Saylor's company, Strategy, employs an 'infinite money glitch' by issuing stock and using the proceeds to buy Bitcoin, aiming to create a snowball effect of value increase. In contrast, Thiel's Founders Fund diversifies its crypto investments, backing both Bitcoin and Ether while expressing caution about the risks associated with Bitcoin. Recent concerns emerge around the sustainability of Saylor's model, particularly during Bitcoin volatility, which may lead to a 'death spiral' where falling BTC prices negatively impact company valuations and capital access. The debate intensifies as the market weighs the implications of these strategies amid uncertain economic conditions, with Saylor's aggressive accumulation facing scrutiny as the crypto industry navigates potential downturns.

Source 🔗