Saylor’s Bitcoin investment pays off, as MicroStrategy (now just Strategy) has surpassed Coinbase in market capitalization.
The move not only boosts the legitimacy of Saylor’s Bitcoin treasury strategy but also positions the company for its next step: potentially joining the list of the 500 largest publicly traded companies in the United States – the S&P 500.
The company adopted a bold treasury-centric approach, allocating capital to accumulate Bitcoin on its balance sheet. As Saylor initiated a steady Bitcoin-buying spree, he devised an entirely new approach to profiting from crypto: building treasuries out of Bitcoin (and Solana, Ethereum, and other cryptocurrencies).
With its valuation now surpassing Coinbase, Strategy is closing in on the upper echelons of U.S. corporate rankings. The firm is once again under consideration for inclusion in the S&P 500 index; earlier this year, it was passed over in favor of all like Robinhood and AppLovin.
One way to achieve crypto market success is to hodl, hodl, hodl – that’s what Saylor did with Bitcoin, and it has Strategy on the brink of being one of the most successful companies in the US.
Here are three crypto presales even Saylor wouldn’t miss.
Bitcoin Hyper ($HYPER) targets Bitcoin’s weaknesses. The original cryptocurrency is rock-solid, steady, and secure – but it’s also prone to congestion and has very low throughput (roughly 7 transactions per second).
To take advantage of that speed, Bitcoin Hyper uses a Canonical Bridge to wrap Bitcoin from the Layer 1 to the Bitcoin Hyper Layer 2.
The Solana Virtual Machine on Hyper provides Solana’s vastly improved transaction speeds and significantly greater scalability, making transactions and micro-transactions with wrapped Bitcoin faster and more cost-effective.
What does $MAXI need to succeed? Not much, as it turns out – just a vibe and a bit of buzz.
The vibe $MAXI has already, with a decidedly mean and lean approach. This doge hits the gym and trades memes, and little else.
However, $MAXI aims to build a buzz as well. In addition to tapping into the $52 billion dog-themed meme coin market cap, Maxi Doge allocates the majority of its tokenomics to marketing.
40% is allocated to the general marketing budget, with an additional 25% reserved for the 1000x Leverage Fund, which aims to fuel the most significant plays.
What is $MAXI? Well, it could be the biggest doge yet. The presale has already surpassed $2.8M, with tokens priced at $0.000261.
One of the key points of a crypto presale is to raise the funds necessary to deliver all the innovations a project sets out to achieve.
The project’s vision is expansive, envisioning a future of interconnected and interoperable blockchains that can communicate and interact with one another.
That’s probably one of the factors that has driven the $BDAG presale well north of $419M.
As BlockDAG plans for the future, Michael Saylor, the executive chairman and co-founder of Strategy, is optimistic. He believes inclusion in the S&P 500 is inevitable. He argues that each quarter’s performance cements confidence among banks, political actors, and institutional investors alike, making the next quarter even better.
As always, do your own research. This isn’t financial advice.
