00:00 Speaker A
Why should an investor buy a strategy stock instead of a Bitcoin or a spot ETF?
00:04 Speaker B
Yeah, um, if you don’t want to take any counterparty risk and if you have a long time horizon, then you should probably buy the Bitcoin, uh, because you can take custody and take it anywhere in the world.
00:20 Speaker B
Um, if you simply want the asset and you want it in a brokerage account, you should buy the ETF like IBIT. It’s uh going to take you 10 seconds to do that. It’s easy to borrow against it.
00:33 Speaker B
Um, if you’re a believer and you want amplified exposure to digital uh to digital capital and also if you believe in digital credit, like our mission at strategy is we want to give a billion people a bank account that pays them 10% tax deferred.
00:50 Speaker B
If you think that’s a cool idea to give someone in Japan or Europe or Switzerland or New York City, a bank account that pays them 10% with no volatility, and if you think the Bitcoin can power that, then you’re buying our stock because we’re a digital credit factory.
01:05 Speaker B
And if you want to outperform Bitcoin and you’re ready to get on the roller coaster, you should uh you should buy the equity.
01:11 Speaker B
But if you’re if you’ve just short, your time horizon is less than four years, if you need the money back in four weeks or four months, then you probably want something principle protection protected, you want low volatility. You should buy a credit instrument like
01:24 Speaker B
STRC is literally designed to get the voll, you know, down. Right now it’s seven, uh whereas Bitcoin’s voll is 45 and strategy’s voll is 65.
01:33 Speaker B
And if you want something that’s going to be extremely low vol, you should buy a credit instrument like a Treasury credit product like STRC.
01:42 Speaker B
You’ll uh you’ll outperform your money market, you know, you might very well do as good as the S&P index, but you’ll be able to buy it and sell it and get your your capital back, you know, in a in a a month, in a quarter, in a year and you don’t have to, you know, worry about the roller coaster.