Strategy went from holding Bitcoin on its balance sheet to inventing an entirely new asset class and Phong Le is at the center of it. In this Bitcoin Backstage conversation, the Strategy CEO breaks down STRC, the perpetual preferred product paying ~11.5% annualized monthly, and explains how it's funneling capital straight back into Bitcoin accumulation. Phong shares Strategy's path toward one million BTC, what people misunderstand about Michael Saylor, and why tokenized securities could be the next great unlock. Use code BM10 to get 10% off Bitcoin 2027 Conference in Nashville: https://2027.b.tc

🔶 Host: Isabella Santos — Get Based

🔶 Phong Le — President & CEO, Strategy

Chapters:

01:13 — From 4 to 200 Bitcoin Treasury Companies in One Year

03:54 — The Road to One Million Bitcoin

04:49 — How STRC Funds Strategy's Bitcoin Accumulation

06:23 — Bitcoin's "iPhone Moment" and Advice to Apple

09:11 — Working With Michael Saylor: The Side You Don't See

11:00 — Handling Haters, Useful Critics, and Perpetual Negativity

14:18 — Fire Round: Hottest Bitcoin Takes & $1M BTC

17:18 — Leadership, Life Mottos, and a Message to Bitcoiners

#Bitcoin #PhongLe #Strategy #MicroStrategy #STRETCH #MichaelSaylor #BitcoinTreasury #BitcoinVegas2025 #BitcoinMagazine #BitcoinConference #BTC #DigitalAssetTreasury #PerpetualPreferred #Nasdaq #MSTR #Tokenization #TokenizedSecurities #BitcoinYield #BitcoinPerShare #Saylor #BitcoinNews #BitcoinCEO #BitcoinAccumulation #BitcoinInvesting #CapitalMarkets #BitcoinAdoption #BTCStrategy #FinTech #IsabellaSantos

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