Strategy Surpasses All Financial Firms Except Berkshire Hathaway on Reserve Capital
Strategy Inc., a company focused on Bitcoin accumulation, has surpassed every financial-services firm in the S&P 500 except Berkshire Hathaway in terms of reserve capital. According to an update from Executive Chairman Michael Saylor, Strategy now holds around $66 billion in Total Reserve Capital, leaving only Warren Buffett's Berkshire Hathaway with more.
The company's reserve is dominated by its massive Bitcoin holdings, totaling 845,050 BTC and valued near $65.8 billion at recent prices. This makes it the world's largest corporate holder of Bitcoin.
Strategy has funded its Bitcoin purchases through equity raises, convertible debt, and preferred stock over several years. In June, the company introduced a Digital Credit Capital Framework that includes up to $1.25 billion in BTC monetization capacity.