Strategy's Bitcoin Holdings Now Worth Over $13 Billion
Michael Saylor has compared Strategy to Wall Street's biggest bank, JPMorgan. This comes just weeks after JPMorgan warned that Strategy's bitcoin sales policy could rattle the market.
Saylor described Strategy as 'the JPMorgan of the crypto economy,' a statement that highlights the company's growing influence in the market.
JPMorgan had previously estimated that Strategy could buy $32 billion in bitcoin by the end of 2026, with the bank's analysts projecting that the company would hold near 4% of Bitcoin's entire circulating supply.
Saylor has disputed JPMorgan's warnings, stating that Strategy is not under pressure to sell its holdings and rejecting a report that the company had approved a new $5 billion bitcoin sale plan.