# Is Strategy a Bitcoin Ponzi Scheme?

Page: https://stenobird.com/podcast/coin-bureau-7109171/is-strategy-a-bitcoin-ponzi-scheme
Text version: https://stenobird.com/podcast/coin-bureau-7109171/is-strategy-a-bitcoin-ponzi-scheme.md
Podcast: [Coin Bureau](https://stenobird.com/podcast/coin-bureau-7109171)
Published: 2026-04-30T08:00:00+00:00
Episode link: https://coinbureau.podbean.com/e/is-strategy-a-bitcoin-ponzi-scheme/
Audio file: https://mcdn.podbean.com/mf/web/9e6qh86y52kb5zjx/Isstrategyabitcoinponzischeme.mp4
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JSON: https://stenobird.com/v1/public/podcasts/coin-bureau-7109171/episodes/is-strategy-a-bitcoin-ponzi-scheme
Duration seconds: 1180

## Resource

What keeps Strategy Inc.’s massive Bitcoin bet afloat and what could bring it crashing down? Strategy’s wild capital cycle lets it survive as long as new equity keeps pouring in and Bitcoin keeps climbing.But with billions in obligations, declining core profits, and retail investors exposed, any cracks could hit your crypto hard. DC breaks down exactly how Strategy works, the hidden risks beneath, and what it means for your portfolio if the ’Bitcoin machine’ unwinds. Discover the reality before it’s too late.

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## Transcript

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