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Strategy and Blockstream CEO discuss the future of Bitcoin finance
CryptoWorld News reports that Strategy CEO Phong Le and Blockstream CEO Adam Back discussed Bitcoin’s financial strategy, tokenization, digital credit, and Satoshi Nakamoto on Wednesday with Natalie Brunell hosting.
Le mentioned that Strategy currently holds 818,334 Bitcoins, second only to Satoshi Nakamoto.
He stated that the company expects to reach 1 million Bitcoins in the coming months, which will solidify its position in financial history.
The discussion also covered that Strategy’s perpetual preferred stock STRC pays an 11.5% dividend annually, with the proceeds used to buy Bitcoin.
Back believes that acceptance of Bitcoin by sovereign wealth funds and private funds is a sign of success, not compromise.
Both CEOs agree that tokenization will be the next structural shift, with Le describing it as “the digitization of the market.”