Is Investing in a Bitcoin Treasury Company a Millionaire-Maker Strategy?
Key Points
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Bitcoin treasury companies such as Strategy have shown the ability to outperform Bitcoin for extended periods of time.
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A strategy of using debt and leverage to buy Bitcoin only works when its price is rising and the cost of capital is relatively low.
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Over the long haul, investing in the crypto directly is less risky than investing in a Bitcoin treasury company.
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10 stocks we like better than Strategy ›
New Bitcoin (CRYPTO: BTC) treasury companies are being launched left and right. They are all trying to emulate the success of Strategy (NASDAQ: MSTR), the company formerly known as MicroStrategy, which now has an impressive track record of outperforming Bitcoin.
Case in point: Strategy stock is up 50% this year, while Bitcoin is…