Michael Saylor’s Strategy hits record market cap amid Bitcoin surge

Michael Saylor’s company, Strategy (formerly MicroStrategy), has soared to a record market capitalization as Bitcoin rides near its all-time highs. The company closed Wednesday at $455.90 per share—representing an all-time high market cap of $128.4 billion—with Bitcoin itself peaking at $122,884 earlier in the week before settling just below $119,000.

Strategy remains the largest publicly traded corporate holder of Bitcoin, with a treasury now totaling 601,550 BTC, valued at over $73 billion and accounting for approximately 2.86% of the entire global Bitcoin supply. The company recently acquired an additional 4,225 BTC for $472.5 million, demonstrating its ongoing commitment to aggressive accumulation as Bitcoin’s momentum continues.

Over the past month, Strategy’s stock price gained more than 21%, tracking Bitcoin’s own 10% surge in the same period. Despite this milestone, the stock remains about 19% below its peak in late 2023, which some market analysts suggest is further headroom for upward movement.

The relationship between Strategy’s rising stock value and Bitcoin’s rally clearly shows the strong optimism and enthusiasm currently driving the market and investor confidence in Saylor’s Bitcoin strategy.

The unrealized gains from Bitcoin holdings are estimated at over $29 billion. Industry observers highlight Strategy’s record-setting market cap as a signal event for corporate participation in the cryptocurrency space—and a major validation of Saylor’s bold strategy on digital assets.

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