Strategy Inc. (NASDAQ:MSTR) Executive Chairman Michael Saylor estimates Bitcoin (CRYPTO: BTC) would be trading between $40,000 and $50,000, without his company’s $62 billion buying campaign over the past five years.
Strategy Spent $62 Billion Supporting The Bitcoin Network
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Saylor acknowledged that Bitcoin would have succeeded without Strategy but argued the company filled a vacuum that accelerated price appreciation.
Strategy owns approximately 818,000 Bitcoin, making it the world’s largest corporate holder.
