Michael Saylor’s bold Bitcoin investment strategy has propelled his company, Strategy (formerly MicroStrategy), to remarkable heights. The firm amassed over $60 billion in Bitcoin holdings, exceeding a market value of $80 billion. However, Wall Street is currently hesitant to embrace similar strategies. This week saw several firms announce new Bitcoin treasury initiatives. Trump Media announced its intention to raise $2.5 billion for Bitcoin purchases, followed by GameStop’s $500 million investment. Another contender, Twenty One, backed by Tether, SoftBank and Strike’s Jack Mallers, is poised to launch with a 42,000 Bitcoin holding, potentially ranking as the third-largest corporate holder globally. 💸