{"id":55177,"date":"2025-10-28T06:49:13","date_gmt":"2025-10-28T06:49:13","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=55177"},"modified":"2025-10-28T06:49:13","modified_gmt":"2025-10-28T06:49:13","slug":"what-do-industry-leaders-think-of-michael-saylors-bitcoin-strategy-adam-back-paolo-ardoino-weigh-in","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=55177","title":{"rendered":"What Do Industry Leaders Think Of Michael Saylor\u2019s Bitcoin Strategy? Adam Back, Paolo Ardoino Weigh In"},"content":{"rendered":"
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On 27 October 2025, Strategy CEO Michael Saylor acquired additional 390 Bitcoin worth nearly $44 million, bringing the company\u2019s total to 640,808 BTC. Blockstream CEO Adam Back, Tether CEO Paolo Ardoino, and Twenty One Capital CEO and Strike CEO Jack Mallers, voiced their opinions on Saylor\u2019s Bitcoin accumulating strategy during the Plan B conference held in Lugano.<\/p>\n

\u201cSaylor has been very communicative about his learning through the process,\u201d said Blockstream CEO Adam Back. \u201cThey started with the bonds, moved on to the convertibles, at the market share selling, and now the preferred.\u201d<\/span><\/p>\n

\u201cI think he\u2019s been vocal that he thinks the preferred is a better strategy, and he appears to be trying to repay the converts or get them converted to move across to preferred. So that\u2019s his view,\u201d said Back. \u201cI think one way to look at those high interest rates, though, is \u2013 let\u2019s say it\u2019s 10% when Bitcoin is $100,000, but it\u2019s 1% when it\u2019s $1 million.\u201d <\/span><\/p>\n

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\u201cI think he has an eye on the far future and is just trying to buy as much Bitcoin as possible,\u201d said Adam Back<\/strong><\/p>\n<\/blockquote>\n

Meanwhile, Tether CEO Paolo Ardoino said, \u201cWhat Michael is doing is elegant, but it is financial engineering. Instead, I think we need a public company, a public Bitcoin company, that carries forward the ethos and philosophy of Bitcoin. And basically, it is almost like a Trojan horse within Wall Street itself.\u201d<\/span><\/p>\n

\u201cIn the last quarter, we bought 8,888 Bitcoin and we also used part of that capacity to contribute to Twenty One Capital,\u201d revealed Ardoino. <\/span>So, Tether is in a very unique position.\u201d<\/span><\/p>\n

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Strategy has acquired 390 BTC for ~$43.4 million at ~$111,053 per bitcoin and has achieved BTC Yield of 26.0% YTD 2025. As of 10\/26\/2025, we hodl 640,808 $BTC<\/a> acquired for ~$47.44 billion at ~$74,032 per bitcoin. $MSTR<\/a> $STRC<\/a> $STRK<\/a> $STRF<\/a> $STRD<\/a> https:\/\/t.co\/1d4Pmv8ub2<\/a><\/p>\n

\u2014 Michael Saylor (@saylor) October 27, 2025<\/a><\/p>\n<\/blockquote>\n