Michael Saylor’s Bitcoin Playbook Backfires on 100+ Companies

December 7, 2025

Digital asset treasury companies that rushed to copy Michael Saylor’s Bitcoin strategy are now hemorrhaging shareholder value, with median stock prices down 43% year to date, even as the broader market climbs higher, as per Bloomberg.Source: BloombergMore than 100 publicly traded companies transformed themselves into cryptocurrency-holding vehicles in the first …