Strategy’s Bitcoin Treasury Puts Fed’s Approach Under Spotlight

Strategy’s Bitcoin Treasury Puts Fed’s Approach Under Spotlight

Rochard argues that MicroStrategy’s approach resembles “full reserve banking,” where corporate reserves are entirely backed by Bitcoin. With 636,505 BTC on its books and dividends on preferred shares recently raised to 10%, the company’s treasury has grown more than 580% in value. By comparison, he says the Fed’s fractional reserve system — which pays around 4.5% on bank reserves — looks outdated and underwhelming. In a post on X, Rochard put it…