Strategy shoots for the moon 🚀

Bitcoin treasury giant Strategy wants to own 7% of the total BTC supply—and overtake Berkshire Hathaway with the largest corporate treasury of all.

📝 What you need to know

Don’t worry: Bitcoin treasury giant Strategy won’t take all the BTC, co-founder and Executive Chairman Michael Saylor assured investors this week—but it does want to hold an even more massive share of the supply.

Not content with holding over $71 billion worth of BTC, or more than 3% of the current circulating supply, Saylor said Friday that he thinks the firm could ultimately own upwards of 7% of the total BTC supply. That’s 1.47 million BTC, or about $167 billion worth as of now.

"We wouldn't want to own all of it—we want everyone else to have their piece," said Saylor.

And that’s not all. Strategy CEO Phong Le said during Thursday’s earnings call that the company aims to have the biggest corporate treasury, regardless of asset type, aiming to top Berkshire Hathaway’s $328 billion stash of cash and cash equivalents.

📊 Myriad Market of the Day

💬 Quote of the Day

“[Strategy] is not just buying Bitcoin anymore, but instead engineering a corporate treasury machine designed to generate Bitcoin-denominated returns, manage its capital raises with precision, and scale faster.”

Benchmark analyst Mark Palmer thinks Strategy’s stock price could nearly double

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