Strategy and its founder Michael Saylor continue to rewrite the history of corporate investment. With more than 592,000 Bitcoins in their account and profits of over $21 billion, they are becoming synonymous with strategic belief in the future of cryptocurrencies. But what does this mean for the market?
Michael Saylor’s Bitcoin empire grows
Michael Saylor and his company Strategy hold over 52% of unrealized gains on their Bitcoin position, equivalent to over $21.8 billion. The company has been buying for eleven weeks in a row, most recently 245 BTC for $26 million. It currently owns 592,345 BTC worth over $63.6 billion.
This makes Strategy the largest public holder of bitcoin in the world – more than all twenty other companies combined. Saylor makes no secret of his strategy and actively defends it on the X network, where he has over 4.4 million followers. He has gained a million new fans in the last year alone.
Strong belief or risky precedent?
Strategy’s aggressive strategy raises a number of questions. Analysts warn of a possible “supply shock” – a shortage of BTC on the market that could drive the price even higher. At the same time, however, they point out that weaker companies imitating Strategy often operate with debt and stock issues, which can lead to problems in the event of a market downturn.
According to venture fund Breed, only a small proportion of companies will survive a price collapse. Strategy has a head start thanks to its size and experience – consistency in buying even during the last bear market may be the key to long-term success. According to investor Jeff Walton, the company even has a 91% chance of entering the S&P 500 index in the first half of 2025.
