Michael Saylor’s Bitcoin-first approach might be more than just bold—it could be historic.
According to BitMine Chairman Tom Lee, Strategy (formerly MicroStrategy) has the potential to become the most valuable company on the stock market, especially if Bitcoin’s price hits the elusive $1 million mark.
Lee argues that Strategy’s value lies not in traditional profit models but in the sheer weight of its crypto treasury. With over 628,000 BTC—worth around $71 billion—the company is betting everything on Bitcoin, even filing a $4.2 billion offering to acquire more.
It’s a model that echoes past corporate giants like ExxonMobil, which was once valued primarily on its oil reserves. Lee believes Strategy could play a similar role in the digital age, using Bitcoin as the new “strategic resource” powering its valuation.
While Strategy’s current $2.5 billion market cap puts it far behind tech titans like NVIDIA or Microsoft, Lee sees Bitcoin’s volatility and upside as the company’s wildcard. Strategy already holds more BTC than any other public firm, outpacing even cash-rich companies like PayPal and ExxonMobil.
BitMine, for its part, is taking notes—pursuing a similar model with Ethereum instead of Bitcoin. The company now holds more than 833,000 ETH, making it the largest publicly known ETH holder.
Lee’s prediction may sound ambitious, but if crypto continues its upward trajectory, Strategy’s gamble might just redefine what corporate value looks like in the next era.
The information provided in this article is for informational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.
Source: https://coindoo.com/could-bitcoin-turn-strategy-into-the-worlds-top-company-tom-lee-thinks-so/