According to Saylor, Strategy has done four fundraising rounds this year. Two of them pulled in $500 million each, and another brought in $1 billion. The fourth and latest offering, which raised $2.5 billion, was reportedly the biggest IPO of 2025 so far based on gross proceeds.
He added that Bitcoin is starting to replace traditional assets like gold, real estate, and even equity as a store of value. Saylor argued that Bitcoin is “demonetizing” these older asset classes. For companies looking to increase value for shareholders, he suggested that putting money into Bitcoin makes more sense than holding onto cash or buying things like private equity.
Saylor made it clear that his company isn’t trying to hoard the whole supply of Bitcoin. While he thinks owning 3% to 7% of it isn’t “too much,” he stressed that Strategy wants others to have a share too. He pointed out that BlackRock, through its iShares Bitcoin Trust (IBIT), actually holds more BTC—around 740,896 at the moment.
He also mentioned why big tech firms like Apple and Microsoft don’t buy each other’s stocks or S&P 500 companies. According to him, SEC rules stop them from doing that, so they’re limited to buying back their own shares. Saylor believes that if these rules didn’t exist, many of the large tech companies would likely invest in each other—and maybe even Bitcoin.
Featured image from Joe Raedle/Getty Images; Skye Gould/Insider, chart from TradingView
