Bitcoin-focused companies could soon reshape the dynamics of capital markets, according to Strategy co-founder Michael Saylor.
Speaking at BTC Prague, Saylor outlined how firms converting credit and equity directly into Bitcoin can grow at unprecedented speed — bypassing traditional business cycles altogether.
Instead of slowly accumulating BTC like retail investors, public companies can rapidly scale their holdings by issuing convertible debt, equity, or other financial instruments. “A business can do in a month what an individual might take 20 years to achieve,” Saylor suggested.
This emerging model has already sparked interest. Coinbase CEO Brian Armstrong recently teased the idea of a Bitcoin treasury strategy. Meanwhile, Trump Media’s $2.3 billion capital injection — greenlit by the SEC — positions it to potentially enter the same space.
Saylor argued that such companies aren’t evaluated like traditional firms, which are judged on operational earnings or growth. Instead, the market is beginning to measure them by how much Bitcoin they can acquire and hold — a shift that demands new valuation frameworks.
He also noted that the rate at which a company can issue financial instruments and convert them into Bitcoin is “exponential,” adding that it could move “a thousand times faster than real estate or conventional business expansion.”
For Saylor, this isn’t just a corporate strategy — it signals a broader transformation. “We’re watching capital markets transition from a cash-based world into a Bitcoin-based one,” he said, hinting that the future of corporate finance may be built around digital scarcity rather than fiat reserves.
Alexander Stefanov
Reporter at Coindoo
Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over 8 years of experience covering the crypto, blockchain and fintech industries, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics.
Source: https://coindoo.com/michael-saylor-outlines-how-bitcoin-treasury-firms-could-reshape-capital-markets/