How This DeFi Protocol Is Rebuilding Michael Saylor’s BTC Playbook for ETH

Michael Saylor’s legendary MicroStrategy trade has reshaped BTC accumulation, using convertible debt to amass a massive BTC treasury. But what if that same strategy could be rebuilt onchain, in a DeFi-native context, and optimized for ETH? That’s exactly what The STRAT Protocol by ETH Strategy is aiming to do. By leveraging an autonomous ETH treasury and long-dated convertible debt, STRAT is bringing this proven financial playbook into DeFi, allowing ETH holders to tap into a similar capital efficient strategy, without relying on centralized entities.

In this episode, we break down how Saylor’s MSTR-BTC trade actually works, why it’s been so effective, and how STRAT is evolving it for a DeFi-native future. We discuss the mechanics of protocolizing ETH accumulation, the benefits for ETH holders, and what makes this model different from MicroStrategy’s approach. If you’ve ever wondered how the MicroStrategy trade works, there’s no better place to get started than listening to a bunch of DeFi nerds on this episode 🤓

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🖥️ PYTH | SMARTER DATA FOR SMARTER CONTRACTS

⌛️ HOURGLASS | LEVERAGE AIRDROP FARMING

🪄 ⁠TANSSI⁠ | LAUNCH YOUR SYMBIOTIC RESTAKED NETWORK IN MINUTES

📊 ⁠iYIELD | YOUR FINANCIAL PICTURE, SIMPLIFIED

🐐 ⁠GOAT NETWORK⁠ | A BITCOIN L2 TO EARN WITH BTC & DOGE

🧪 MANTLE | START YOUR RESTAKING JOURNEY TODAY WITH CMETH

🐡 PUFFER FINANCE | LIQUID RESTAKING FOR THE LITTLE FISH

🌔 MOONWELL | THE LEADING LENDING AND BORROWING APP ON BASE

⚙️ GEARBOX PROTOCOL | ONCHAIN LENDING REIMAGINED

📈 DEFINITIVE | THE MOST ADVANCED PLATFORM FOR ONCHAIN TRADING

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