Have you seen the recent Financial Times film about Saylor and Strategy?

I would cautiously describe it as a neutral piece..

We know that legacy (financial) media has been criticizing Bitcoin ever since. In my perception, it has improved slightly, perhaps due to the bull market phenomenon. This includes the FT.

Still, they admit that they have no idea about Bitcoin (Cudos!) and think that it has no obvious use case and is therefore an inherently speculative bet.

They don't understand the scarcity aspect of Bitcoin. They cannot see why Bitcoin won't forever "go up" in fiat terms.

Unless they can separate Bitcoin from "crypto," I have little hope that they will realize the key innovations brought forth with Bitcoin.

They will surely come around at some point, as some individual commentators already have.

As for MSTR, they still describe it as a meme stock. I'm not sure one can fully understand Saylor's financial engineering without having a solid understanding of Bitcoin.

Time will tell how MSTR and its other financial products will hold up during upcoming bear markets, and it remains to be seen how other companies will implement this playbook.

This is where I see the risk arising. Bandwagoners jumping on something they don't understand or cannot make work.

The FT would be best advised to finally study Bitcoin in depth. Can't wait for them to announce their Bitcoin Strategy.