Phong Le: How Strategy's STRC Pays 11.5% From Bitcoin | Bitcoin Backstage

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.

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🔶 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

DISCLAIMER: The views and opinions expressed in this show are those of the participants and do not necessarily reflect the official policy or position of BTC Inc., Bitcoin Magazine, or any affiliated entities. This content is provided for informational and educational purposes only and should not be construed as investment, legal, tax, or accounting advice. Nothing contained in this show constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or financial instruments. Viewers should consult their own advisors before making financial or business decisions. Receive SMS online on sms24.me

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