MicroStrategy founder Michael Saylor(Michael Saylor) defended the corporate Bitcoin funding model in a podcast interview, stating that skepticism about its sustainability is "ignorant." Currently, the Bitcoin industry has a market cap of $100 billion, but the sector is under pressure, with nearly 40% of top fund management companies' stock prices below the value of their Bitcoin holdings. MicroStrategy is the largest Bitcoin holder, owning over 687,000 BTC. The company has raised over $5 billion through securities issuance to purchase Bitcoin, and its core software business is no longer the focus. Saylor believes that buying Bitcoin is akin to adopting advanced technologies like electricity.

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