The world doesn't know it yet but the ultimate end game for Strategy is to compete with nation states for yield-seeking investors who want a safe way to store their capital. The UK just sold 10 year Government Bonds at the highest yield since 2008 at ~4.92%. They were able to raise a record £15 billion and attracted £148 billion of investor orders. Bitcoin needs 10 years and to go up by another 20x for STRF to be seen as a credible alternative to these bonds. Ask yourself, which of the two parties are more solvent? The company with the most pristine balance sheet or nation states with a ton of debt? Private companies like Strategy will become safer creditors than nation states. This is what I envision for the future.

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