Michael Saylor may have just built the most interesting financial product in Bitcoin. Strategy’s newest preferred stock offering STRC is designed to funnel capital from the largest pool of money in the world: fixed income investors, directly into Bitcoin.In theory, that creates something Bitcoin has never had before: a continuous demand engine funded by investors who may never own a single satoshi.But even though this financial engineering is undeniably brilliant… I’m still not buying it. Saylor might be a financial engineering genius. But I'm not here for the yield.Value 4 Value: If you enjoyed this content feel free to zap me some sats via the lightning network: [email protected] or https://coinos.io/thesatstackerNYKNYC. Buy Bitcoin and withdraw to self custody with Bitcoin Well. Use my referral link for a chance to win free sats: https://bitcoinwell.com/referral/mftabFollow:https://x.com/thesatstackprimal.net/thesatstackerhttps://www.tiktok.com/@thesatstackhttps://open.spotify.com/show/4b58uoQo9Xl7RsbsbbAqAhhttps://podcasts.apple.com/us/podcast/my-favorite-thing-about-bitcoin/id1788973938http://fountain.fm/show/YqXJoHuG6qYRBmDW1k37Chapters00:00 The Product That Could Change Bitcoin00:34 Saylor’s Financial Engineering Masterclass01:15 Bitcoin’s “iPhone Moment”02:49 How Stretch (STRC) Works05:06 STRC Success So Far06:30 Saylor’s Bitcoin Accumulation Machine08:03 Could This Create Permanent Bitcoin Demand?08:33 Why I’m Still Not Buying Stretch10:24 What Bitcoin Actually Rewards11:29 Bitcoin Is Not Just Another Investment12:00 Yield vs Freedom Money