Strategy’s bold bet on Bitcoin could potentially catapult it to the top of the global public company rankings, according to Jeff Walton, a senior analyst at the firm. In a recent Financial Times documentary, Walton highlighted Strategy’s unprecedented Bitcoin exposure as a game-changing asset, positioning it for substantial future gains.
Currently, Strategy holds 568,840 BTC, valued at approximately $59 billion, making it the largest corporate holder of Bitcoin worldwide. Walton emphasized the firm’s ability to raise capital at a staggering pace, noting that it successfully secured $12 billion in just 50 days in late 2024, funneling every dollar into Bitcoin. “Raising $100 million in traditional finance is tough—doing it 120 times in less than two months is almost unheard of,” Walton remarked.
In the documentary, Strategy’s executive chairman, Michael Saylor, outlined his ambitious vision, projecting that Bitcoin could hit $1 million per coin within a decade and potentially $13 million by 2045. Saylor also envisions Strategy growing into a $10 trillion enterprise, leveraging its extensive Bitcoin holdings.
Despite its current market cap of $117 billion, Strategy would need to surpass Microsoft’s $3.3 trillion valuation to achieve Walton’s projection. To that end, the firm has announced plans to increase its capital-raising target to $84 billion, with an additional $21 billion in common stock sales and a $42 billion debt issuance program.
The firm’s strategy aligns with a broader trend of public companies expanding their Bitcoin exposure. On Monday, Japanese conglomerate Metaplanet acquired an additional 1,241 BTC for $126 million, bringing its total holdings to 6,796 BTC.
Similarly, GD Culture Group Limited announced plans to raise $300 million to purchase Bitcoin and Trump Coin ($TRUMP), even as it faces potential delisting from the Nasdaq.
This wave of institutional Bitcoin investment underscores a growing belief that the asset could outperform traditional financial assets amid ongoing economic uncertainty and inflationary pressures. As Walton noted, “Strategy holds more of the best asset and most pristine collateral on the planet than any other company, by multiples.”
