Strategy Surpasses All S&P 500 Financials Except Berkshire Hathaway in Total Reserve Capital

Michael Saylor highlighted that Strategy Inc., the parent company of MicroStrategy, has surpassed every financial-services company in the S&P 500 index except Berkshire Hathaway in terms of Total Reserve Capital. The metric, a Strategy-specific measure, is calculated as reserve assets minus senior claims such as outstanding debt obligations and preferred stock liquidation preferences.

According to Strategy's own figures, its Total Reserve Capital stands at $66 billion, with the majority consisting of Bitcoin held on its balance sheet and dollar assets. This includes approximately 845,050 BTC, worth around $65.79 billion, making it the world's largest corporate holder of Bitcoin.

Saylor posted a chart on X showing Berkshire Hathaway sitting on a Total Reserve Capital of $364 billion, followed closely by Strategy at $66 billion. The company's ambition is to 'hold the most capital,' according to Saylor's post.