Bitcoin-Focused Strategy Surpasses Standard Chartered’s Market Cap

Strategy, led by Michael Saylor, has emerged as a dominant player in the Bitcoin market, surpassing Standard Chartered in market valuation. This remarkable achievement is fueled by their aggressive Bitcoin acquisition strategy, which has seen them acquire over 628,791 BTC worth approximately $46 billion. Saylor, formerly CEO of MicroStrategy, shifted the company’s focus to Bitcoin treasury management and recently rebranded it as Strategy. This bold move is backed by a substantial capital raise, with over $17.4 billion raised via stock sales dedicated to increasing Bitcoin holdings. 💰 📈. The market has reacted positively to this aggressive investment strategy, further boosting the company’s valuation beyond traditional banking entities like Standard Chartered.